Australian (ASX) Stock Market Forum

Why Silver

Maybe I am missing something obvious, or don't understand how it works properly, but if i recall correctly our dollar went from around 90c a US$ to about 65c (approx) at the height of the gfc from memory. Should this not have increased the cost of silver(in AUD) by that same amount as a percentage at the same period? or increase in AUD while decreasing in price in USD? bringing the difference between the price of silver in AUD to USD to be the same as the gap in currencies?

I posted a link to Net Dania's Chart Station, it has AUD silver from April 95 to date on a continuous contract basis. You can see it in several formats and time periods from tick to monthly and it provides most commonly used T/A indicators and tools.... why would you not use that?
 
I posted a link to Net Dania's Chart Station, it has AUD silver from April 95 to date on a continuous contract basis. You can see it in several formats and time periods from tick to monthly and it provides most commonly used T/A indicators and tools.... why would you not use that?

sorry i missed that post! ill have a look over it thanks.
 
oh, maybe gold is weak relative to silver......

http://silverinvestingnews.com/1471...f337dafce-RSS_EMAIL_CAMPAIGN&utm_medium=email



GFMS: Silver Industrial Demand to Reach New High in 2014
Tuesday November 27, 2012, 4:15am PST By Michelle Smith

excerpt
..... factors driving the forecasted improvements is demand for ethylene oxide. The production of that and other intermediaries will help the US run counter trend to other industrialized nations, which GFMS predicts will see slow growth.

The largest end use of silver is the wide-ranging electrical and electronics sector, states GFMS.

“The most rapid growth in these sectors is set to come from emerging markets such as India and China, where rapid advances in living standards mean such products have become increasingly more affordable as well as desirable.”

In absolute terms, GFMS expects China to achieve successive record highs in terms of its industrial offtake of silver over the forecast period.

Robust growth in demand from the auto sector is also expected, and will help further underpin the performance of the electrical and electronics segment.

Auto production is expected to rise, boosting silver usage due to the growing number of units. However, auto-related silver demand has already outpaced production because of the growing number of electronic accessories in each unit. GFMS expects this trend to continue as features once reserved for luxury vehicles become more standardized.

Improvements in the economic backdrop are also expected to boost silver demand from the housing and construction industries.
 
BHP.... the rest stammer when they say the word. Unless you want US stocks like Silver Wheaton.

Kingsgate has found more silver... but not a silver miner persay. Pure silver plays are rare.

KRM and TRY are two with dividends and some silver.
 
http://www.goldmoney.com/gold-research/alasdair-macleod/the-coming-silver-price-eruption.html

The coming silver price eruption

2012-DEC-02

excerpt

While money managers (mostly hedge funds) have nearly doubled their longs and slashed their shorts since July, their longs are still only a little more than average: this hardly represents the overbought conditions suitable for a major bear raid.

On this evidence, the bullion banks which are short in the silver market are potentially in serious trouble, unless somewhere there is a pot of physical silver they can dip into. There isn’t, if we assume that iShares Silver Trust’s 315 million ounces is unavailable. There is no other identifiable source of silver, other perhaps than some producer supply, and there is anecdotal evidence that on every dip, cash silver migrates from West to East, confirmed by silver being constantly in backwardation.
 
Silver Update - Stay the course video

Pull up a chair, a video for the true long silver investor......

[video]http://www.youtube.com/watch?hl=en&gl=RU&client=mv-google&v=Q5b6XDPTQPk[/video]

Please note that only the old school Silver crowd that follow people like Jim Rogers, Marc Faber, Gerald Celente, David Morgan, Max Keiser, Peter Schiff and others will appreciate this video.

Kind Regards

Lisa Edwards
National Sales Manager
Australian Bolts & Fasteners
 
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