Pickering Angels

Silver?

HungSowel

Well-known member
Mar 3, 2017
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long term holds are ideal. not sure term.

oil, gas, utilities, reits, and grocery chains are stable and secure.


think long term. not short term.

save your silver
Silver is not a long term play, it is a medium term play. When the mag 7 tries to monetize AI it will slow down the pace of the AI build out and silver will fall as it is currently a vital part of the AI buildout.

In the long term all commodities will fall to 0 as humans do what humans do and become more efficient at mining resources, except Gold as gold's primary use is a store of value and not for utility. The appetite for gold is practically limitless, all other commodities have a demand limit, once that demand is satiated then prices will fall dramatically.
 
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jjz

Well-known member
Dec 30, 2011
491
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I wished I bought more!
I have about 200 to 300 TOz, but I wanted to hit 1000 but had to pay the mortgage.
 

God of War

Member
Aug 12, 2022
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Silver is not a long term play, it is a medium term play. When the mag 7 tries to monetize AI it will slow down the pace of the AI build out and silver will fall as it is currently a vital part of the AI buildout.

In the long term all commodities will fall to 0 as humans do what humans do and become more efficient at mining resources, except Gold as gold's primary use is a store of value and not for utility.
silver have always been a stable currency compare to cash. easy to convert.

plus it is useful in green tech. it won't go lower any time soon.
 

HungSowel

Well-known member
Mar 3, 2017
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silver have always been a stable currency compare to cash. easy to convert.

plus it is useful in green tech. it won't go lower any time soon.
Gold is the gold standard for store of value. Gold is coca cola, silver is pepsi. Gold is bitcoin, silver is etherium. etc...

Human psychology will reach for gold first, then reach for silver next.
 

God of War

Member
Aug 12, 2022
39
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Gold is the gold standard for store of value. Gold is coca cola, silver is pepsi. Gold is bitcoin, silver is etherium. etc...

Human psychology will reach for gold first, then reach for silver next.
true but we have to be practical about it. both are useful. gold, silver and platinum are good store value.

if gold is too expensive go buy platinum or silver. if precious metals are expensive go invest in stocks. and rotate it around to increase your wealth.
 

nottyboi

Well-known member
May 14, 2008
27,425
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Gold is the gold standard for store of value. Gold is coca cola, silver is pepsi. Gold is bitcoin, silver is etherium. etc...

Human psychology will reach for gold first, then reach for silver next.
Look at the gold silver ratio, it varies quite a bit. The AI buildout is creating addition 500-1000T of silver demand that is price inelastic.
 

HungSowel

Well-known member
Mar 3, 2017
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Look at the gold silver ratio, it varies quite a bit. The AI buildout is creating addition 500-1000T of silver demand that is price inelastic.
I do not put much value on the ratio between gold and silver. The driver for gold is as a store of value against inflation, the driver for silver is industrial demand. If the ratio is kept, that is only because of human psychology that assigns value to that ratio.
 

nottyboi

Well-known member
May 14, 2008
27,425
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I do not put much value on the ratio between gold and silver. The driver for gold is as a store of value against inflation, the driver for silver is industrial demand. If the ratio is kept, that is only because of human psychology that assigns value to that ratio.
Both have a long history as stores of value, but yes silver has more industrial use, probably because its much more abundant. People try to avoid using gold as its pricy
 

HungSowel

Well-known member
Mar 3, 2017
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Both have a long history as stores of value, but yes silver has more industrial use, probably because its much more abundant. People try to avoid using gold as its pricy
I bought silver because I think a peak for silver demand will be near the end of this year, because of the midterms. Trump needs the AI datacenter buildout to continue to bolster the economy for any shot at winning the elections. Ratios and other metrics I did not consult with. Silver is less than 5% of my portfolio so it is just a small bet.
 

K Douglas

Half Man Half Amazing
Jan 5, 2005
31,314
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Room 112
I bought silver because I think a peak for silver demand will be near the end of this year, because of the midterms. Trump needs the AI datacenter buildout to continue to bolster the economy for any shot at winning the elections. Ratios and other metrics I did not consult with. Silver is less than 5% of my portfolio so it is just a small bet.
I believe the increases to gold and particularly to silver have less to do with AI datacenters and more to do with being a hedge against inflation, lowering interest rates and a reaction to geopolitical uncertainties that exist. Not to mention an over inflated equities market that is resembling pre dotcom bubble and pre 2008 financial crisis.
Apparently Trump will be asking for a huge bump up to the military budget for 2027. Somewhere in the order of a 50%-60% increase. That should further exacerbate geopolitical tensions making gold and silver that much more attractive as an investment.
 

God of War

Member
Aug 12, 2022
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I believe the increases to gold and particularly to silver have less to do with AI datacenters and more to do with being a hedge against inflation, lowering interest rates and a reaction to geopolitical uncertainties that exist. Not to mention an over inflated equities market that is resembling pre dotcom bubble and pre 2008 financial crisis.
Apparently Trump will be asking for a huge bump up to the military budget for 2027. Somewhere in the order of a 50%-60% increase. That should further exacerbate geopolitical tensions making gold and silver that much more attractive as an investment.
its a combination of everything. us debt is over 38 trillion which it takes so much usd to buy an ounce of gold/silver/platinum.

1768191409041.png
 

God of War

Member
Aug 12, 2022
39
37
18
I bought silver because I think a peak for silver demand will be near the end of this year, because of the midterms. Trump needs the AI datacenter buildout to continue to bolster the economy for any shot at winning the elections. Ratios and other metrics I did not consult with. Silver is less than 5% of my portfolio so it is just a small bet.
silver and copper has a better conductivity compare to gold. gold is only ranked 3.

it is more economical to use silver or copper than gold.

1768191504933.png
 

HungSowel

Well-known member
Mar 3, 2017
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silver and copper has a better conductivity compare to gold. gold is only ranked 3.

it is more economical to use silver or copper than gold.

View attachment 534653
The property of gold that is most important is that the surface does not oxidize, gold is used extensively in connectors where electrical contact must be made reliably. Both copper and silver have surface oxidation that is non-conductive so no electrical contact is actually made.
 

K Douglas

Half Man Half Amazing
Jan 5, 2005
31,314
13,265
113
Room 112

oil&gas

Well-known member
Apr 16, 2002
16,884
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Ghawar
The property of gold that is most important is that the surface does not oxidize, gold is used extensively in connectors where electrical contact must be made reliably. Both copper and silver have surface oxidation that is non-conductive so no electrical contact is actually made.
Rust formed on the surface of of a piece of iron degrades
the value of the metal.

The black tarnish that could develop on the surface of silver
bullion is a layer of sulfide. I do not know how that property
affects use of the metal in electronics. But it shouldn't make
silver coins less durable than gold coins.
 

God of War

Member
Aug 12, 2022
39
37
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The property of gold that is most important is that the surface does not oxidize, gold is used extensively in connectors where electrical contact must be made reliably. Both copper and silver have surface oxidation that is non-conductive so no electrical contact is actually made.
What a crazy chart. Post 9/11 its skyrocketed.
I sold the farm to get in a month ago. Getting scary. Don't know when to cash out.

MSN Money | Advanced Chart with interactive tools
Rust formed on the surface of of a piece of iron degrades
the value of the metal.

The black tarnish that could develop on the surface of silver
bullion is a layer of sulfide. I do not know how that property
affects use of the metal in electronics. But it shouldn't make
silver coins less durable than gold coins.
Watch this video:

Gold, Silver, Platinum, and any precious metals might go up higher this year.

Global banks will be changing their monetary policy with US national debt is over $38.43 trillion USD.
 
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HungSowel

Well-known member
Mar 3, 2017
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Up ~16% since the start of the year. Week to week, the volatility is +/- 10%, silver is the new bitcoin.
 
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