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 Replies: 101 / Views: 15,580 |
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Pillar of the Community
Japan
666 Posts |
Quote:
But would all these companies even be able to buy it in large amounts and use in their tech if it was 75 per oz how much silver there's in iphone? now multiply that silver to $75/oz and see how much effect it will have on total cost per the phone. the same is true for many other applications of silver |
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Pillar of the Community
United States
4333 Posts |
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how much silver there's in iphone?
now multiply that silver to $75/oz and see how much effect it will have on total cost per the phone.
the same is true for many other applications of silver There is roughly .35 grams of silver, .034 grams of gold, 16 grams of copper, and .00034 grams of platinum in an iphone. Roughly .25 cents worth of silver in an iphone at today's price. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
09/07/2013 09:05 am
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Valued Member
United States
477 Posts |
The answer is very simple, so simple it's mind numbing. Here's the pure fact about silver price:
I bought a majority of my stash at or above $27. As long as I hold it the price will stay below $25.
But the day after I sell it all look for it to skyrocket into the 40s or beyond.
Rick
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Pillar of the Community
United States
3670 Posts |
I feel ya there Rick no doubt lol. Murphy's law kick us all in the backside....
I as well got into silver I think in 2009 when I first joined here a few months there after....
My mother gave me like 11 Twin Tower silver rounds she bought for 10 bucks each in 2000 when silver was around 4 to 6 per oz.....
At that time after house market disaster 2008 MUCH hype and steam poured into press so TOOLS like me could pick up on it and get into PMS....
Remember the guy talking about debt and his fear America videos and how he called the fall of the big mall corp before it happened, gm, and Fannie and Freddie?
Well his logic aint all wrong and he WAS WAY WRONG on his time line, but it all could come to pass....
But alas silver is about 3 bucks less per oz then when I got in it....
I thought just like all the new stackers, only going up and never coming back down and for the longest time I looked like a genius as I added over a 100 to that 11 and silver shot up to 50 per oz for FIRST time in 30 years....
Figured I had whipped the system, THEN GUYS REALITY SET IN OVER THE NEXT THREE YEARS, and alas we are where we are....
Did I STOP buying, or believing in, or stackin pmz? No, I simply adapted to the current situation....
Edited by Silverhawk74
09/07/2013 12:17 pm
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Valued Member
United States
477 Posts |
Yep, I'm still buying silver too but mostly only slabbed modern proofs unless it's a good price, spent allmost $300 last week on them.
Rick
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Pillar of the Community
United States
919 Posts |
I have slowed down as well. Only higher end Walkers. Waiting for $10 silver and $400 gold to go all in. That seems to be what they are calling for in the other thread. They are calling for the bottom to drop out and a return to the lows.
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Pillar of the Community
United States
979 Posts |
"There is roughly .35 grams of silver, .034 grams of gold, 16 grams of copper, and .00034 grams of platinum in an iphone.
Roughly .25 cents worth of silver in an iphone at today's price."
This is why people don't bother trying to recover it. For this reason, silver in electronics is being thrown away daily and decreasing the amount of available silver. I wonder if in ours lifetimes that amount of silver will be worth recovering?
One thing is for sure, supply and demand says that if the supply decreases the prices will increase if demands stay the same or increase.
The question now is, will we throw it away faster than we can mine it? Eventually we wont have any more to mine. I fear for the day when the world needs resources that have been piled into landfills in staggering quantities.
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Bedrock of the Community
13014 Posts |
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This is why people don't bother trying to recover it. For this reason, silver in electronics is being thrown away daily and decreasing the amount of available silver. It is being recovered now and has been for a few years. Theres electronic scrap yards all across the country now, some national stores like Best Buy have programs as well. |
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Valued Member
United States
477 Posts |
When I took a film photography class years ago they were saving the fixer for silver recovery so it has been being recycled for a while.
Rick
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Valued Member
United States
339 Posts |
"Waiting for $10 silver and $400 gold to go all in."
Ain't gonna happen.
I'm new to this forum, but been stacking since 2006. I also have a masters degree in economic geology and spent time working for a Chinese owned gold exploration company in the Mojave desert. Yes the Chinese are prospecting in the US as we fart around on this forum.
$400 gold would bankrupt every gold miner in the world.
I am not by any means the best market timer, if I was I'd be trading futures not stacking, but I did call the low in silver at $18 early this summer, and I expect it to hold.
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Valued Member
164 Posts |
Gold is never going to be $400.00 oz,he is right not going to happen..It may go just under
$1000.00,,just another $300 drop,,drop in silver will be around $15.00 oz...People sell their phones at times but not as much as they trade it in for a upgrades,,so how many get trashed not as may you may think,,upgrading is what people do and will always do as long as the Company's will have it.
Who in there right mind thinks gold will go down to $400.00..Maybe folks need to see how well mining company's trade for or read more about life in the new age,,we are lucky to get it right now as low as it is,,it will drop more but not much and not for now,, paper will rule...Paper rules metals hurt,,Paper get more hopes up metals will hurt,when the people want metal no more low prices that simple,,watch how bad things will be on the 17th of Oct for paper,,this Monday will be the alarm go off 3 time or so in in the last 10 years,,folks just hit sleep mode but this next 2 weeks and end of 2008 people will get it,,hard metal is where its at,,not paper,,,
Far as illegal mining in the USA where,,not happening.That just silly talk the USA will not have it...U can not even build a small parking lot with out 50 folks in on it,,Cosmos
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Replies: 101 / Views: 15,580 |
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Posted 09/07/2013 09:04 am
