Opinion - Silver A Best Buy In 2012

Silver seems to appeal to more of us in the CCF, and perhaps the reason for this is the much stronger underlying demand placed on it's industrial applications. That gives silver less downside risk than gold.

Having said that, there has always been a stong demand for gold for the jewelry market in India, but maybe even this does not provide as secure a floor under the gold price as the industrial demand for silver does, for the silver price.

And it gets lower.

I shure wish I was born a few yrs before I was.....Man would I have loved to get into silver back before 08. Anyone who was on the ball back then stands to make a fortune. I'm still a buyer (an oz or two a month) at current prices and will be up until $50/oz but darn $5-$10-$15 an oz sure sounds nice dont it?!?!

haha that's still to long ago for me. You hear it all your life growin up, Save your money, dont spend it all in one place, save some for a rainy day. Well I'm just now getting to that age were I've started to listen to all those people.

When clinton was in office, I was still in the mindset....whys everyone so mad at this guy, he's my friggin idol.

I sure hope it goes up I got in SLV at $27

Platinum is lower than gold, gold is 50x silver...so are these PM's undervalued or is gold overvalued?
It's going to be an interesting few YEARS for PM's.
Just my 2 cents, don't bank on silver doing what it did last year. I'm buying silver right now, with the hopes 5-10-20 years from now, it's value will be consistantly over the $50 barrier. If you're buying silver expecting it to jump to $50 this summer...might as well buy some scratch offs instead.

Every article I read that says "SILVER GOING UP THIS YEAR" sounds almost the same to me. "trusted sources say silver will be skyrocketing this year" "investors say silver is a sure thing" "BUY BUY BUY". Yet, I haven't seen an article that points out the reason, or any reason for that matter that these "trusted sources" think silver is going to increase.

Again, this is just my opinion and I could be way off. I personally think silver is going to idle around $20-35 for the next few years.

Which is could do. Silver price estimates seem to be split between two camps. The 1st camp says that the fundamentals are WAY in favor of a higher silver price... perhaps a MUCH higher price. Camp #2 says that silver is an industrial metal and as long as industry gets what it needs, the price won't be bid up all that much. I tend to put myself in camp #1 on this but doing that indicates that silver must be in a free and fair market that is not being manipulated. While I am not a conspiracy advocate in most cases, it is possible that the small silver market is being manipulated. If so, then the price will be whatever they who can manipulate it want it to be. Of course, as a man of faith, I do believe that if silver prices were being manipulated, they would eventually assert themselves at whatever a fair value is. Because of that, I buy silver from time to time and keep on stacking. I have a lot more faith in precious metals than I do in fiat currency. While the past 10 years have not been typical for the markets by any means, they have shown us that PMs are up 500% or so and the fiat US dollar is down about 60% or so thanks to inflation. Given that and the uber low interest rates these days, it is pretty much an exercise in futility to hold dollars in a bank account for other than a very short time.