Australian (ASX) Stock Market Forum

I want to buy Silver Stock: How?

Silver to Gold Ratio

http://www.rapidtrends.com/silver-to-gold-ratio/

Not the exact same article ... but proves that I didn't make it up!!
And you can still disbelieve if you want to!

Your call,
your silver,
your veggie patch!

At no time have I accused you of making things up. I was merely looking for some qualification/reasoning (and mine are often very thin on the ground too) to back up your assertions.

Your reference just posted speaks of the historical ratio of gold to silver being about 16 to one and he rightly points out that it got out of whack due to government manipulation. Government manipulation is now becoming ineffective due to the huge monetarisation of debt, so a return to the historical mean is probably very much on the cards. Your article says we could see10 to 1. And of course by that time the taxi drivers will be telling you to get in so we may even get to a 4 to 1 situation. Sentiment is an amazing thing but we do not know any of this in reality yet, so in the meantimne on the basis of what I can glean I am holding silver as No. 1.

I also contend that we are nowhere yet at the stage of a bull market in prescious metals. Your posted article does assert that and I think he is calling it too early, though there is no date I suspect it was written some time ago. However the market forces themselves will show the way and like sheep we will follow.

We are way off track in this thread, this argument should be on the silver one.

On silver stocks, as Uncle Festivus posted this morning (On collapse of US currencies I think), physical metal maybe the wisest at this time as:

all commodity stocks seem depressed;

paper money may not only prove nearly worethless but dissappear for a time;

in a crash everything seems to get slaughtered which includes silver stocks;

and safe silver plays are not plentiful at this time and a bit on the specky side for most.

All just my humble opinion which may well be (and often is) rubbish to some.

:D
 
Silver demand has gone up, think plasma tvs, solar panels and as an antibacterial agent, do think it is a bubble and will have a correction but the price needs to be higher to bring new mines online.

Not only that, think war/weapsons too. Smart bombs, tomahawk missiles, predator drones, which are been used in the Libyan dispute today. I'm a long on Silver as long as these disputes in the middle east go on for.
 
Not only that, think war/weapsons too. Smart bombs, tomahawk missiles, predator drones, which are been used in the Libyan dispute today. I'm a long on Silver as long as these disputes in the middle east go on for.
How much silver do you think is in these things ?!
 
Not only that, think war/weapsons too. Smart bombs, tomahawk missiles, predator drones, which are been used in the Libyan dispute today. I'm a long on Silver as long as these disputes in the middle east go on for.
How much silver do you think is in these things ?!
TTM6,
I think you misunderstood. If not you, then me.
I understood that uncertainty in world affairs is driving Silver Price!

Perhaps Dannyboy may wish to clarify.
 
At no time have I accused you of making things up. I was merely looking for some qualification/reasoning (and mine are often very thin on the ground too) to back up your assertions.
...

We are way off track in this thread, this argument should be on the silver one.
...

All just my humble opinion which may well be (and often is) rubbish to some.

:D
Hi explod,
Happy Anzac Day.

Let's keep it simple.

1. Sorry I stepped into a serious thread without qualification!

2. Wished I was into silver earlier, I would be ramping with the best of them.

3. Been burnt in Copper hysteria circa AMI/CDU. Psychological scars still visible?

4. Currently in Iron Ore, FMS - Gold, copper, ADN EXM and Oil & Gas, CIG

So silver is not my first love.

Re OP intent. I hope his query is well solved by now.
Re your humble opinion - I respect it. Never said it was rubbish!:D

Something you posted earlier about b*lls, reminded me of this!

Jack be nimble,
Jack be quick.
Jack jump over candlestick!
Great balls of fire!!

burglar
 
On silver stocks, as Uncle Festivus posted this morning (On collapse of US currencies I think), physical metal maybe the wisest at this time as:

all commodity stocks seem depressed;

paper money may not only prove nearly worethless but dissappear for a time;

in a crash everything seems to get slaughtered which includes silver stocks;

and safe silver plays are not plentiful at this time and a bit on the specky side for most.

All just my humble opinion which may well be (and often is) rubbish to some.

:D

My parents have lived through a collapse of their currency and didn't say anything about gold or silver or any other shiny metal being used as currency - alcohol and tobacco became the currency.
 
My parents have lived through a collapse of their currency and didn't say anything about gold or silver or any other shiny metal being used as currency - alcohol and tobacco became the currency.

Hahaha lol

My mentor used bread and cigarettes as stakes in poker games.
WWII, POW, belgian coal mine.
Why so funny ... because the smokers consumed the ciggies and the hungry eventually ate the bread which by then had been blackened by coal dust.

Now well of topic!! Sorry
 
I dont know about you guys, but seeing all these clueless people jumping into silver, all the threads and the news and the hype because of its performance, makes me want to liquidate. It absolutely reeks of a top, and from about a year ago, the $50 mark has been quoted time and time again, and it looks like $40-$50 is going to take no time at all.

I think there will be massive selling at $50 or slightly before maybe about $49.

This has nothing to do with fundamentals of silver, more to do with market psycology.

I certainly hope that the sell off at 49-50 is not as"major" as I forcast a few days ago! the equity markets have not even reopened for me to sell out! Silver is only down a casual 10% in a few hours....please bounce for me!

My goal is to make money, not be right!
 
Just wanted to bring it out in the open that Silver is used for a wide range products, just like Gold. Some people just see Gold/Silver as jewelery, but it used for far more than that. I also think that REE's are a good play (I hold LYC, GGG and Silver via asx:ETPMAG) for similar reasons as REE. More people getting wealthier and having more money to buy electronics etc etc.


Wiki; Silver

Silver (play /ˈsɪlvər/) is a metallic chemical element with the chemical symbol Ag (Latin: argentum, from the Indo-European root *arg- for "grey" or "shining") and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal. The metal occurs naturally in its pure, free form (native silver), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining.

Silver has long been valued as a precious metal, and it is used to make ornaments, jewelry, high-value tableware, utensils (hence the term silverware), and currency coins. Today, silver metal is also used in electrical contacts and conductors, in mirrors and in catalysis of chemical reactions. Its compounds are used in photographic film and dilute silver nitrate solutions and other silver compounds are used as disinfectants and microbiocides. While many medical antimicrobial uses of silver have been supplanted by antibiotics, further research into clinical potential continues.
 
Top