Silver! Who Is On This Train?

Harrekin

Well-Known Member
Won't silver return to 08-09 levels when investors realise that it's safe again to invest in the stock markets?

I think getting in now means buying high and eventually selling low again... Just like the housing market... A few years ago they said houses would only go up too ;)
 

PeachOibleBoiblePeach#1

Well-Known Member
If the Investors,,,wanna invest that mean's more shit is going to be produced,,,and increse the need for raw meterial's,,,...There could be a big sell off and price's will drop,,,But long term especially in a global economy,,,where there is great demand they will have a tough time keeping up IMO,,,But I collect not invest for quick profit's.
The only downfall i can see in silver if the bank's do not profit enough,,,I did not say Lose money,,,I'm sure in every banker's private vault is a huge stach of gold and silver. If you can't afford the loss don't play with any investment,,,collect you cant go wrong:hump:
 

Harrekin

Well-Known Member
If the Investors,,,wanna invest that mean's more shit is going to be produced,,,and increse the need for raw meterial's,,,...There could be a big sell off and price's will drop,,,But long term especially in a global economy,,,where there is great demand they will have a tough time keeping up IMO,,,But I collect not invest for quick profit's.
The only downfall i can see in silver if the bank's do not profit enough,,,I did not say Lose money,,,I'm sure in every banker's private vault is a huge stach of gold and silver. If you can't afford the loss don't play with any investment,,,collect you cant go wrong:hump:
Just outta interest...what industry uses large amounts of silver? Its lower conductive version of gold, hence why gold is worth like 4 times more.

Silver was great if you bought cheap and now want to sell, but it will drop because it's not very useful except for wearing now ;)
 

beardo

Well-Known Member
Just outta interest...what industry uses large amounts of silver? Its lower conductive version of gold, hence why gold is worth like 4 times more.

Silver was great if you bought cheap and now want to sell, but it will drop because it's not very useful except for wearing now ;)
If you meen wearing- as wearing it as a part of your clothing then you are right, that's one of it's uses- they are putting it in clothing to stop bacteria growth and infections. You should buy some socks with silver in them, they will combat athleets foot.
 

NoDrama

Well-Known Member
Just outta interest...what industry uses large amounts of silver? Its lower conductive version of gold, hence why gold is worth like 4 times more.

Silver was great if you bought cheap and now want to sell, but it will drop because it's not very useful except for wearing now ;)
Your facts are all wrong. Silver is the MOST conductive metal known to mankind. Silver is the MOST useful metal known to mankind. Without silver you can say goodbye to all electronics, all electricity, jets, cars, trains etc etc etc. Silver is absolutely VITAL for more than 10,000 different products to exist. Currently silver is mined at a rate of 800 million ounces per year and is used at a rate of 1.2 Billion ounces per year. The only substitutes for silver are gold, platinum, palladium and rhodium , which are all multiples of times more expensive than silver. Gold is more expensive than silver because it is 15 times more rare, 90% of all gold is used as jewelry, only 20% of silver mined is used for Jewelry. 60% of all silver mined is used for industry. 2% of mined gold is used in industry. Gold currently is $1800 per ounce and silver is $35, which means that gold is not 4 times more than silver but more like 51 times more expensive.
Without silver the world is back to the stone age.

These are irrefutable FACTS.
 

fdd2blk

Well-Known Member
Your facts are all wrong. Silver is the MOST conductive metal known to mankind. Silver is the MOST useful metal known to mankind. Without silver you can say goodbye to all electronics, all electricity, jets, cars, trains etc etc etc. Silver is absolutely VITAL for more than 10,000 different products to exist. Currently silver is mined at a rate of 800 million ounces per year and is used at a rate of 1.2 Billion ounces per year. The only substitutes for silver are gold, platinum, palladium and rhodium , which are all multiples of times more expensive than silver. Gold is more expensive than silver because it is 15 times more rare, 90% of all gold is used as jewelry, only 20% of silver mined is used for Jewelry. 60% of all silver mined is used for industry. 2% of mined gold is used in industry. Gold currently is $1800 per ounce and silver is $35, which means that gold is not 4 times more than silver but more like 51 times more expensive.
Without silver the world is back to the stone age.

These are irrefutable FACTS.

is this what the seller told you?

now i understand it all. :)
 

Harrekin

Well-Known Member
I didnt think anyone would know the difference, but in slightly more detail, gold is a better conductor in the practical sense because it doesnt suffer from oxidisation the same as silver.

Nice spotting tho but gold is the better "practical" conductor.
 

Dirty Harry

Well-Known Member
You are correct. Gold metal is the most efficient electrical conductor. That is why high end audio/video cables are gold plated. But that makes them expensive. Silver is next in line but copper was chosen as effective and less costly.
 

NoDrama

Well-Known Member
I didnt think anyone would know the difference, but in slightly more detail, gold is a better conductor in the practical sense because it doesnt suffer from oxidisation the same as silver.

Nice spotting tho but gold is the better "practical" conductor.
No, sorry it isn't. Silver does not corrode or oxidize either, it tarnishes in the presence of sulfur.
the most conductive metals known to man are silver, copper, gold, in that order. its not up for debate, its a fucking scientific fact that is verifiable .

http://en.wikipedia.org/wiki/Group_11_element

Select quotes from the article for those of you who won't read anything longer than a sound bite.

These metals, especially silver, have unusual properties that make them essential for industrial applications outside of their monetary or decorative value.
The most conductive of all metals are silver, copper and gold in that order.
Silver is also the most thermally conductive element, and the most light reflecting element.
Silver also has the unusual property that the tarnish that forms on silver is still highly electrically conductive.
Silver is used widely in mission-critical applications as electrical contacts, and is also used in photography (because silver nitrate reverts to metal on exposure to light), agriculture, medicine, audiophile and scientific applications.
Stop arguing against the facts folks.

http://en.wikipedia.org/wiki/Electrical_resistivity_and_conductivity

 

un named

Active Member
i know a few people that are collecting silver including my dad since he has bought silver it has doubled it price over i think 2 years not to sure. but its expected to go to atleast 1500 a ounce in time of course. i did think gold was a better conductent but it seems thats not the case, nodrama knows his shit nice work. how long have you been collecting it for?
 
Top