OtherGround Forums .999 Silver = Best long term investment

11/30/20 9:38 PM
8/4/08
Posts: 25484
salyer36 - 

My personal belief is gold has to drag silver up. Silver could ultimately have a larger % gain, but gold has to lead. Kind of like how BTC paces alt coins.

I can’t back this thesis up with data- just my personal view.


This isn't some personal opinion, it's well-known fact.
11/30/20 9:59 PM
5/3/01
Posts: 31525

bitcoin cost $2 in dec 2011

11/30/20 10:40 PM
1/1/01
Posts: 66690
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

11/30/20 10:41 PM
1/1/01
Posts: 66691
salyer36 -

My personal belief is gold has to drag silver up. Silver could ultimately have a larger % gain, but gold has to lead. Kind of like how BTC paces alt coins.

I can’t back this thesis up with data- just my personal view.

I think gold will come out of the gate like a bat out of hell but silver will catch up before blowing its wad,  hopefully I have time to unload

12/1/20 12:24 AM
7/23/09
Posts: 16837

Anybody buy this

12/1/20 12:28 AM
5/3/01
Posts: 31526
Tim Duncan -
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

lol

 

in all likelihood, yes

hopefully not prior to making a lot of everyday people millionaires

12/1/20 12:51 AM
1/1/01
Posts: 66692
CavRyda -

Anybody buy this

I had one

12/1/20 1:53 AM
6/20/13
Posts: 13349
CavRyda -

Anybody buy this

This is great

 

12/1/20 8:55 AM
1/1/01
Posts: 41421
Peixes -
Tim Duncan -
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

lol

 

in all likelihood, yes

hopefully not prior to making a lot of everyday people millionaires

Sure bitcoin can go to $2 or $0 but other new cryptos (maybe central bank backed) will be as valuable as bitcoin is now.

Cryptos are going nowhere. Paper central bank money is more likely to be reduced by 90 or 95% than crypto going away.

Maybe silver has an unofficial gold like monetary use in the future that is larger than what it has enjoyed over the past few decades, its very important in industry and for sure one of the most finite resources out there.

In a digital world... silver is not very good money as its not very divisible or portable in day to day life compared to crypto or the USD. Trading old silver dimes for organic chickens is not the ticket to future survival. Still... given its limited supply, silver should have a much higher value than at the moment and it should retain value well in the post-USD world.

12/1/20 12:17 PM
8/4/08
Posts: 25492
@desogames

#Stack


Comex contracts are in, silver, gold, platinum taking off.

Remember that rollover into December he was talking about.
He *appears* correct.
12/1/20 1:30 PM
1/1/01
Posts: 66694
BJ Penn Forever -
Peixes -
Tim Duncan -
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

lol

 

in all likelihood, yes

hopefully not prior to making a lot of everyday people millionaires

Sure bitcoin can go to $2 or $0 but other new cryptos (maybe central bank backed) will be as valuable as bitcoin is now.

Cryptos are going nowhere. Paper central bank money is more likely to be reduced by 90 or 95% than crypto going away.

Maybe silver has an unofficial gold like monetary use in the future that is larger than what it has enjoyed over the past few decades, its very important in industry and for sure one of the most finite resources out there.

In a digital world... silver is not very good money as its not very divisible or portable in day to day life compared to crypto or the USD. Trading old silver dimes for organic chickens is not the ticket to future survival. Still... given its limited supply, silver should have a much higher value than at the moment and it should retain value well in the post-USD world.

I think the fed coin and other government coins will not be tulips like bitcoin.  They will function as money and ultimately they will fail like the dollar will

12/1/20 2:13 PM
3/20/12
Posts: 37027
sparkuri - @desogames

#Stack


Comex contracts are in, silver, gold, platinum taking off.

Remember that rollover into December he was talking about.
He *appears* correct.

almost went big last night

 

I will likely regret it

 

May never see 21$ Slivers again

12/1/20 3:42 PM
8/4/08
Posts: 25493
Rambo John J - 
sparkuri - @desogames

#Stack


Comex contracts are in, silver, gold, platinum taking off.

Remember that rollover into December he was talking about.
He *appears* correct.

almost went big last night

 

I will likely regret it

 

May never see 21$ Slivers again


I think on just fundamentals, supply & demand with new industry, platinum has been & will continue to outperform.
The hanky panky going on gold & silver has happened over the last 10 days finds them at square one atm with plat at 10% gain.
Copper and nickel continue to rise, and with that, assuming mining keeps up, platinim should be created, but at what rate?
I wish I had that kind of capital to play with.

In short, I wish, that, I knew what I know now, when I was younger...
12/1/20 6:50 PM
11/10/18
Posts: 11200
sparkuri - @desogames

#Stack


Comex contracts are in, silver, gold, platinum taking off.

Remember that rollover into December he was talking about.
He *appears* correct.

Yeah, this should be an interesting month. 

Edited: 12/1/20 10:40 PM
6/20/13
Posts: 13354
Tim Duncan -
BJ Penn Forever -
Peixes -
Tim Duncan -
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

lol

 

in all likelihood, yes

hopefully not prior to making a lot of everyday people millionaires

Sure bitcoin can go to $2 or $0 but other new cryptos (maybe central bank backed) will be as valuable as bitcoin is now.

Cryptos are going nowhere. Paper central bank money is more likely to be reduced by 90 or 95% than crypto going away.

Maybe silver has an unofficial gold like monetary use in the future that is larger than what it has enjoyed over the past few decades, its very important in industry and for sure one of the most finite resources out there.

In a digital world... silver is not very good money as its not very divisible or portable in day to day life compared to crypto or the USD. Trading old silver dimes for organic chickens is not the ticket to future survival. Still... given its limited supply, silver should have a much higher value than at the moment and it should retain value well in the post-USD world.

I think the fed coin and other government coins will not be tulips like bitcoin.  They will function as money and ultimately they will fail like the dollar will

Interestingly enough... under an Austrian evonomic definition, bitcoin is harder money than gold and silver are. 

12/2/20 6:09 PM
1/1/01
Posts: 66695
Looney Ronulan Paultard -
Tim Duncan -
BJ Penn Forever -
Peixes -
Tim Duncan -
Peixes -

bitcoin cost $2 in dec 2011

It will retrace that number

lol

 

in all likelihood, yes

hopefully not prior to making a lot of everyday people millionaires

Sure bitcoin can go to $2 or $0 but other new cryptos (maybe central bank backed) will be as valuable as bitcoin is now.

Cryptos are going nowhere. Paper central bank money is more likely to be reduced by 90 or 95% than crypto going away.

Maybe silver has an unofficial gold like monetary use in the future that is larger than what it has enjoyed over the past few decades, its very important in industry and for sure one of the most finite resources out there.

In a digital world... silver is not very good money as its not very divisible or portable in day to day life compared to crypto or the USD. Trading old silver dimes for organic chickens is not the ticket to future survival. Still... given its limited supply, silver should have a much higher value than at the moment and it should retain value well in the post-USD world.

I think the fed coin and other government coins will not be tulips like bitcoin.  They will function as money and ultimately they will fail like the dollar will

Interestingly enough... under an Austrian evonomic definition, bitcoin is harder money than gold and silver are. 

It’s not durable though.  You could bury a gold or silver coin under the ground for hundreds of years and it would retain all of its value.  I have digital devices,  computer,  and programs that don’t work after 20 years.

12/2/20 11:07 PM
11/3/02
Posts: 5002

Looks like gold is starting to bounce from here. Let’s see what happens 

12/2/20 11:21 PM
8/4/08
Posts: 25534
salyer36 - 

Looks like gold is starting to bounce from here. Let’s see what happens 


Dollar tanking, economic uncertainty, social uncertainty...
To me, on a macro level, short of manipulation it can only go up, short of....manipulation...
12/3/20 7:40 AM
6/20/13
Posts: 13393

12/3/20 2:30 PM
6/20/13
Posts: 13404


KAG... Stop the Steal. Hard Money 2021.
12/3/20 4:14 PM
1/1/01
Posts: 66710
Looney Ronulan Paultard -


KAG... Stop the Steal. Hard Money 2021.

I would steal this coin

12/3/20 4:33 PM
8/4/08
Posts: 25559
Tim Duncan - 
Looney Ronulan Paultard -


KAG... Stop the Steal. Hard Money 2021.

I would steal this coin


#MeToo
12/5/20 2:34 PM
6/20/13
Posts: 13465

Time to start getting some gold

 

12/13/20 1:11 PM
6/22/13
Posts: 1616

Canadian here... and just getting into silver/gold/platinum

Where is the best place in Canada to buy bullion? 

Any advice for a newb?  Not looking to dive in...  but thinking of selling some mma memorabilia and re-invest in bullion.   

12/13/20 1:39 PM
10/3/12
Posts: 2194
crashingwaves -

Canadian here... and just getting into silver/gold/platinum

Where is the best place in Canada to buy bullion? 

Any advice for a newb?  Not looking to dive in...  but thinking of selling some mma memorabilia and re-invest in bullion.   

I'm in the same pool. I found a link to certified retailers on the Canadian Mint site.

 

Also did some googling and found claims that the price will be dropping over the next few years. https://www.mining.com/cibc-issues-new-forecasts-for-gold-and-silver-prices/#:~:text=Sign%20Up%20for%20the%20Precious%20Metals%20Digest&text=Silver%20prices%20are%20estimated%20to,2023%2C%20and%20%2428%20per%20oz.