What's the future of silver look like to you?

Sorry, I'm confused, I thought this was a SILVER THREAD.

i.e. "What's the future of silver look like to you?"
 
SilverDJ said:
Very poor. Gold has a much brighter future. I don't see the GSR reversing.
I'm not buying any more silver (unless it really plummets).
Click to expand...

There are countless alternatives for silver :(:
- industrial: graphene or other metals (like copper as a conductor) etc.
- investment/jewelry: gold, platinum, white gold etc.

Silver is less "fashionable" (unfortunately) nowadays. In other words, people know even less about it than about gold and they make a lot less silver knives and forks, we don't really use it for ordinary "everyday" items (except for electronics, of course...).

In most countries you can't buy and sell silver. I don't know if anyone would buy your silver in Macedonia, Bulgaria or Guatemala. It's mainly an investment asset in the Anglo-Saxon world, the Chinese world (China, HK, Singapore), Germany... but the rest of the world it "immune" to silver.

Yes, silver is a vital industrial metal, but with so many economies (and entire industries) going down (China, Germany, UK), then the industrial demand will go down as well. If the electronics/energetics/automotive industries collapse, then it will hit silver.

If I check the prices, I see Platinum: 855 $, Gold: 1526.20 $, Silver: 17.40 $ o_O

Could Platinum be the new opportunity? It's roughly at half price if compared to 2010-2011 prices per ounce. Just contemplating... :rolleyes:
 
TreasureHunter said:
There are countless alternatives for silver :(:
- industrial: graphene or other metals (like copper as a conductor) etc.
- investment/jewelry: gold, platinum, white gold etc.

Silver is less "fashionable" (unfortunately) nowadays. In other words, people know even less about it than about gold and they make a lot less silver knives and forks, we don't really use it for ordinary "everyday" items (except for electronics, of course...).

In most countries you can't buy and sell silver. I don't know if anyone would buy your silver in Macedonia, Bulgaria or Guatemala. It's mainly an investment asset in the Anglo-Saxon world, the Chinese world (China, HK, Singapore), Germany... but the rest of the world it "immune" to silver.

Yes, silver is a vital industrial metal, but with so many economies (and entire industries) going down (China, Germany, UK), then the industrial demand will go down as well. If the electronics/energetics/automotive industries collapse, then it will hit silver.

If I check the prices, I see Platinum: 855 $, Gold: 1526.20 $, Silver: 17.40 $ o_O

Could Platinum be the new opportunity? It's roughly at half price if compared to 2010-2011 prices per ounce. Just contemplating... :rolleyes:
Click to expand...
i dont like platinum long term its uselessness is in catalytic converters which wont be needed when electric cars take over and all the old units being recycled will tank the price
 
Yep there are no replacements. That's why theyve stood the test of time.
We should consider ourselves lucky to have first dibs before the sheeple wake up.
 
I had been avoiding it too and expected it to drop some with the hit the car industry has been taking. Not for sure. Now watch it triple haha.
 
The g and s ratio has been tightening a bit too, here at least. Not by much but I've noticed that when g has a slight pullback, s holds a little stronger and it's been slowly closing the gap.
One of my biggest plans is to trade the majority of my silver for gold when the ratios close. Mainly to lessen the physical size of my stack and for long term savings.
Silver will be easier to buy again later even if the price has increased so I figure I'll start over again.
I will keep my favorite silver like any serious stacker would.
I'm not sure what ratio to wait for but I was hoping for 30 or >.
9:1 would be AWESOME!
 
Just saw this on Reddit. Looks like someone sees value in silver coins. :)

yx2h09n1api31.jpg
 
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