| Author |
 Replies: 27 / Views: 2,707 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
1840 Posts |
Wow. Talk about tangents.
TypeMaster in response to your post: While the traditional price of silver used to be $5-6 an ounce for decades, I think that those days are over. The $10-12 an ounce seems to be be here to stay. Not due to shortages, which are usually exaggerated, but due to market control. Similar to diamonds or oil, I think silver producers now see the benefit of controlling the release of their product. I think the future price of silver will generally keep pace with inflation in the future. If anything will greatly change the price of silver in the future, I think it will be the investment sector.
Edited by snowman
10/29/2006 10:22 pm
|
|
Pillar of the Community
Belgium
2078 Posts |
quote:
Originally posted by cladking
Every day there is less silver in the world and every single day there is more gold. Gold exists in vast stockpiles which would probably be sold into increasing demand. There are no huge stockpiles of silver and the largest are owned by groups and are tied up. The total value of gold in the world is hundreds of times greater than the value of silver.
There will be a massive realignment of the pricing of silver and gold. Even then the amount of silver will continue to drop.
I agree but I have a few problems with all kind of official reporting I understand the US gold at Fort Knox has not been audited in umpteenth years I understand part of the Belgian gold staid in Fort Knox after WWII evacuation or was it WWI I understand that gold sold forward or swapped or loaned is still reported as being in all European Central Banks with a snowflake in hell chance of ever being returned So somewhere in this world there is more gold every day ; I only wonder were ? And apart from that people are multiplicating a lot faster then gold is being dug up Imagine every chinese housewife wants one gold ring  |
|
Pillar Of The Community
3147 Posts |
It sure wouldn't take long to audit my gold and silver!!! As for a prices go I must take a wait and see attitude as like it or not I (we) don't have any control over the ups and downs but we will always have control of that which we own. What we do with it and when is entirely up to us!
|
|
Valued Member
Ireland
498 Posts |
I dont know if I follow this topic,but silver maintain or increase its value when the metal is discovered in the past, whether in coin silver or by barter trade.
most silvercoin are use in the past,know they consider as a national reserve or wealth of a nation.
We are now 6 to 8 billion in pop. for every nation and ind. need something that is made of silver or part of silver either by jewerly,coin,or other thing, and silver detiorate unlike gold,and gold is not use in other things as much like silver.
USA dollar as international currency,transparancy of gold and silver reserve of USA,for I know the USA is one of the biggest debt in the world and biggest creditor,thus USA have enough gold and silver reserve,thus this will effect the value of dollar,If USA buy oil also considered as black gold how thus USA pay.
The great depression in USA in early 19th hundred the fall of stock market,As far I can remember after that crash the USA stock market was not check or updated for it value something like that,I just heard it in the news in the past.
Nation in war,Is USA is more like an internatinal police these days the expense of one nation engaging in war is likely to affect its money value,like the other country who have engaged in one in the past
The metal and equipment the nation will use going to war,thus this will also affect the reserve of ones nation,Like in WW2 when lincoln was became a steel cent,the supply of metal was short upto copper.
For me silver will still go up for its use,but if life gets really hard down to its simplicty just to survive for a day its all down to the sweat of your eyebrow,what is the use of all precious metal besides conveniece, silver was not use in the past as money people did survive, and what is the use of precious metal where basic needs is short in supply
WHAT IS THE TRUE VALUE OF SILVER NOW,AND WHAT IS THE TRUE VALUE OF USA DOLLAR,THAT VALUE WILL AFFECT THE LIFE OF THE WHOLE WORLD,
|
|
Pillar of the Community
United States
1247 Posts |
quote:
Originally posted by josie
The great depression in USA in early 19th hundred the fall of stock market,As far I can remember after that crash the USA stock market was not check or updated for it value something like that,I just heard it in the news in the past.
I think sooner or later we are going to see a replay of the Great Depression. I absolutely believe that Wallstreet mirrors the attitudes and moods of the country down to the last decimal point. So, it's pretty disturbing to hear people say the most successful investor in the United States (perhaps the most successful that has ever lived) is "out of touch" If they mirror us. what are they mirroring? The pinnacle of arrogance and self delusion? Just like it was during the roaring 20's before the crash of 1929? How many different directions can one go when one is sitting on the pinnacle? Are we all buckled up? The biggest problem is we are not the "Greatest Generation." We are the "me-first" "me-only" "I'm entitled to and entitlement" generation. The aftermath of a financial meltdown in the country is going to be ugly. The Greatest Generation remembered who and what they were after their little fling with the "law-less" decade. They remembered, and they got down to business and got done what had to get done. We are not going to remember what we never learned in the first place. Hopefully we will learn before the country melts down in some weird anarchy. But all the same I think I'll keep buying silver just in case we screw it all up. How bad it and people get is going to say how useful metals are. Social unrest, or just the prospect of it, IMO, will keep metals in demand but only to point. If it gets totally out of control, you can't eat a bar of silver. |
|
Valued Member
United States
287 Posts |
Silver prices should remain somewhat stable. According to the experts we are using more silver than we are producing, this is a part of the reason the price has improved, but one must remember there is an enormous amount of silver in private hands and this is poured into the market when the price is favorable. I buy silver and when the price moves up people let go of alot of inventory, because they have had it so long that they want to cash in and then this floods the market and the price corrects itself.
|
|
Valued Member
 United States
224 Posts |
Good information all!
Unlike some, I do not consider the stock market a paper ghost. The intrinsic value of anything is always based on how badly someone else wants to acquire it. Supply and demand.
With billions flowing into the market monthly in the form of 401k's and IRAs there is a demand for a finite number of good stocks. My actual return on my stocks this year averages 18.5 percent and overall over the last 10 years it has been around 15%. Therefore if the demand is present there will be an increase in value / price not to mention the underlying companies that these stocks represent.
As far as it being a paper intangible investment that is subject to the whims of others, I have to say that this is true regardless of the tangible or intangible nature of the investment. To tell you the truth, if disaster strikes and the bottom drops out of everything, the only valuable asset will be whatever you can eat. There is a prophesy that states there will be a time when people will cast their precious metals into the streets because they can't eat them. Ezk. 7:19.
Until that time, I continue to invest in the stock market and hoard precious metals. As for rare coins, I collect simply because I absolutely love the challenge of putting together another UNC type set.
It is my humble opinion that silver (and gold) is only at its current levels due to the present hype of the precious metals market. It is also my opinion that we will see a precipitous drop in these prices within the next 18 months. Regardless, I will still continue to invest in silver and gold as funds permit. I will continue to collect coins because it is a valuable pastime. And I will invest in the market because that is where the return presently is.
There are some very good comments from the posters to this thread. I remain your student!
|
|
Valued Member
Ireland
498 Posts |
Typemaster since you mentioned a verse there is also another,In last book to take care the wine and the oil, wine for entertaiment for maybe life so hard needed entertianment for the people and oil not sure but oil generate the nation,
Idont blame your govt,if they are stock filling oil or if they are short mining in mainland, that they have to go somewhereelse to get and protect them.
maybe another one national reserve is oil more or less same value of silver and gold that once consume cannot be gain unlike gold and silver can be melted again.
well your dollar represent gold and silver in its value,in return how you will acquire those metals use in buying oil, for those countries are rich even dont charge tax on their citizens.your currency and silver is getting short
|
|
Valued Member
United States
224 Posts |
Josie,
My apologies, but I must be particularly dense tonight. Can you elaborate. I am not picking up your point in your reply.
Thanks!
|
|
Valued Member
Ireland
498 Posts |
The shortage of oil and gas wll affect the value of silver and currency especially the USA dollar for they are international currency
In the news why USA want a raw oil coming from saudi that the prince replied that USA have no plant or facilities to process them
So I deduct to this statement what is the use of getting more raw oil if USA have no enough plant to process them.Is this means USA is in shortage of oil or no oil is found in the mainland.
countries have a long history they are talking serious things,what is the reason why USA want more raw oil.
USA buy oil in arab countries one of the biggest supplier is in the middle east. the USA buy it buy dollar, in dollar, silver and gold represent in its value.Since USA are buying it, how the(USA) can acquire or regain those money spend in buying oil.
The arab countries most of them are rich they dont tax their citizens,
their life is simple what are the products of USA that can be marketed to oil producing country to regain the dollar that USA spent in buying oil.
If there is no other product that arab countries want from the USA most of your dollar will end up in middle east.
what next in 2004 if I'm not mistaken their is a portion of your dollar reserve end up in korea that portion affect the value of dollar that USA bought them.
The argument on war on terror and war on oil is hard to show without evidence.The shortage on oil is a problem
Here in ireland they are showing a documentary on shortage of gas in Northern ireland although I didnt saw the program the last statement of the presenter in preview was enjoy it while it is still here.
Russia bought major gas companies supplying the UK a treaten to divert its source to china if westerner dont lay low on former russia countries.
Why I'm bother, because even that 1st world countries may have a hard time when disater strike it is more harder to 3rd world countries where I'm originally came from, still have relatives in their,In times when the portion of the dollar was in korea the exchange rate of euro and philippine peso rich 1 against 75 peso that make life really hard Know it is holding 1 to 62 plus.
If USA dollar crash what will happen to a common man like me.
|
|
Bedrock of the Community
United States
14454 Posts |
heck today was the first time I actually clicked to find out the silver prices where I could actually tell it moved at all, it seemed each other time I tried to find out what the price was it was stuck at 12.00 even and today it was up to 12.35.I dont know if it will reach the price it was a few months ago by the end of this year or not but by the middle of next year it may get pretty close to that mark again. But with the market it is impossible to really know whats going to happen because it could be 15.00 one day like it was and drop down to 10.00 the next like it almost did (just not in a 1 day period)
|
|
Valued Member
United States
208 Posts |
quote:
Originally posted by josie
The shortage of oil and gas wll affect the value of silver and currency especially the USA dollar for they are international currency
In the news why USA want a raw oil coming from saudi that the prince replied that USA have no plant or facilities to process them
So I deduct to this statement what is the use of getting more raw oil if USA have no enough plant to process them.Is this means USA is in shortage of oil or no oil is found in the mainland.
countries have a long history they are talking serious things,what is the reason why USA want more raw oil.
USA buy oil in arab countries one of the biggest supplier is in the middle east. the USA buy it buy dollar, in dollar, silver and gold represent in its value.Since USA are buying it, how the(USA) can acquire or regain those money spend in buying oil.
The arab countries most of them are rich they dont tax their citizens,
their life is simple what are the products of USA that can be marketed to oil producing country to regain the dollar that USA spent in buying oil.
If there is no other product that arab countries want from the USA most of your dollar will end up in middle east.
what next in 2004 if I'm not mistaken their is a portion of your dollar reserve end up in korea that portion affect the value of dollar that USA bought them.
The argument on war on terror and war on oil is hard to show without evidence.The shortage on oil is a problem
Here in ireland they are showing a documentary on shortage of gas in Northern ireland although I didnt saw the program the last statement of the presenter in preview was enjoy it while it is still here.
Russia bought major gas companies supplying the UK a treaten to divert its source to china if westerner dont lay low on former russia countries.
Why I'm bother, because even that 1st world countries may have a hard time when disater strike it is more harder to 3rd world countries where I'm originally came from, still have relatives in their,In times when the portion of the dollar was in korea the exchange rate of euro and philippine peso rich 1 against 75 peso that make life really hard Know it is holding 1 to 62 plus.
If USA dollar crash what will happen to a common man like me.
We(USA) will fight over oil. Our economy runs on oil. In a time of serious war, precious metal prices will rise. The stock market can't keep going up. Right now is the time to get into precious metals, it's what got me started on the whole bullion coin thing. |
|
Pillar of the Community
Belgium
2078 Posts |
Ranger If you print a billion dollars to buy at chinamart where else but the stock market will those dollars go ? I think the market will keep going up; but lucky for me I am the only one thinking so |
|
Valued Member
Ireland
498 Posts |
For now it may be play in that range 10 to 15 but on the next purchase of oil for the winter of 2007 because USA have already purchase a stock for this winter as far as I know,Before then, 1 year many things can happen one thing is constant more country needs oil.and how long on war on terror will last upto what cost
For other country is economically active and dont want to engaged in war and stay that way.
the recent line from iran dont sure, connecting pipe to pakistan and india
And most of all the country china which consuming bulk of metals and oil for developement and sometimes hault their production coz of shortage of power.which russia supply them.
but saudi I think is for USA market.
Trade deficit of USA from buying oil can be cancelled out by USA by profit it earns from the USA stockmarket.well just keep it going all be happy.
|
|
Valued Member
Ireland
498 Posts |
quote:
Originally posted by Bryan1315
heck today was the first time I actually clicked to find out the silver prices where I could actually tell it moved at all, it seemed each other time I tried to find out what the price was it was stuck at 12.00 even and today it was up to 12.35.I dont know if it will reach the price it was a few months ago by the end of this year or not but by the middle of next year it may get pretty close to that mark again. But with the market it is impossible to really know whats going to happen because it could be 15.00 one day like it was and drop down to 10.00 the next like it almost did (just not in a 1 day period)
In every election there is a movement in the market not really sure many things can affect it, As long silver bul. is in the hands of GOOD PATRIOTIC collector or investor and remain in the mainland it is good not to happen again in 1906 PHIL-AM peso which some national try to smuggled it out in the country and caught. OR to be melted if the silver dollar exceeds its value today worst is some bad people will hoard them and exit it to other country and keep it to manipulate the market or the purchasing power of the dollar against oil. |
|
Page 2 of 2
|
Replies: 27 / Views: 2,707 |
Page 2 of 2
|
First Page
Posted 10/30/2006 07:22 am
