Home | Community | Message Board
You are not signed in.
Sign In New Account
Forum Index Search Posts Trusted Vendors Highlights Galleries FAQ User List Chat Store Random Growery


This site includes paid links. Please support our sponsors.

General Interest > Money Matters
Threaded Mode Threaded  Previous topic Previous  View all topics Index  Next topic Next 

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Myyco.com Shop: Golden Teacher Liquid Culture For Sale

Jump to first unread post Pages: | 1 | 2  [ show all ]
Re: Silver is under $18 an oz invest or not?? [Re: Loaded Shaman] * 1
    #29605999 -

incredible how everyone i know has told me not to invest in silver, and yet that is the only investment i've had that has only increased in value without ever dropping!

i'm hesitant to get more silver buillion until the price somehow goes down, but i'm wondering if it'd be a good idea to get some more junk silver.

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: Loaded Shaman] * 1
    #29607163 -

Loaded Shaman said:
I still don't think we'll see $30.


I would bet my life on it

Edit:

To qualify such a statement somewhat

I am coming around to the idea the metals cycle is over. Languishing prices for a long time are what I am expecting

Silver ended up almost 5x cost of production at the peak in January. There is no possible way it surpasses that after reaching that and breaking

When a commodity breaks, it fully breaks back down to cost of production, or even below. Think natural gas in 2022-> 2024. It goes right to the bottom. It is then you will see widespread hatred in terms of sentiment. There is still hope right now.

Industrial demand is going away, companies that did solar are now shifting to battery storage tech

Above all else... silver tarnishes :wink: I'm serious though. It's literally the worst metal to hold.

Gold, platinum, palladium are the ones to hold. Even still, from these levels, it doesn't look good. Gold got to ~3.75 x cost of production, and if you assume it compounds at 7% per year on average, it reached the price it should have been in 2038 this January. Too much, way too fast.

Palladium under $1000 would be the one to buy and hold for the long term IMO. Palladium being the one closest to its all in sustaining costs of production at the moment, which i have around $835-$950 USD/oz



Edited by today mylove (06/19/26 08:39 AM)

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: today mylove]
    #29607250 -

today mylove said:
Loaded Shaman said:
I still don't think we'll see $30.


I would bet my life on it

Edit:

To qualify such a statement somewhat

I am coming around to the idea the metals cycle is over. Languishing prices for a long time are what I am expecting

Silver ended up almost 5x cost of production at the peak in January. There is no possible way it surpasses that after reaching that and breaking

When a commodity breaks, it fully breaks back down to cost of production, or even below. Think natural gas in 2022-> 2024. It goes right to the bottom. It is then you will see widespread hatred in terms of sentiment. There is still hope right now.

Industrial demand is going away, companies that did solar are now shifting to battery storage tech

Above all else... silver tarnishes :wink: I'm serious though. It's literally the worst metal to hold.

Gold, platinum, palladium are the ones to hold. Even still, from these levels, it doesn't look good. Gold got to ~3.75 x cost of production, and if you assume it compounds at 7% per year on average, it reached the price it should have been in 2038 this January. Too much, way too fast.

Palladium under $1000 would be the one to buy and hold for the long term IMO. Palladium being the one closest to its all in sustaining costs of production at the moment, which i have around $835-$950 USD/oz





Exactly. Believing otherwise is like believing prices are ever going to come down. Things only move in one direction, always have, always will.

People waiting for a crash usually don't have the spare powder to make a dent in falling assets anyway. Ever notice that?


--------------------

"Real knowledge is to know the extent of one’s ignorance." — Confucius

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: Loaded Shaman]
    #29607252 -

Oh I mean that silver is definitely seeing $30 again. No question in my mind. Sorry for any confusion

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: today mylove] * 1
    #29607253 -

today mylove said:
Oh I mean that silver is definitely seeing $30 again. No question in my mind. Sorry for any confusion


No worries lol.

I still say it's not going to drop to those levels unless the entire economy eats it, and then it won't really matter anyway after a point.

I'm also one of the rare few that will be glad to be wrong and be the first to admit I was wrong should shit switch up!


--------------------

"Real knowledge is to know the extent of one’s ignorance." — Confucius

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: Loaded Shaman]
    #29607256 -

Real rates on the rise does not help precious metals either

Everyone can place their bets in real time, the score gets settled externally

Thanks for hearing me out

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: today mylove]
    #29608570 -

today mylove said:
Real rates on the rise does not help precious metals either

Everyone can place their bets in real time, the score gets settled externally

Thanks for hearing me out


I look at the brass tacks; the further we get away from 1971-1973 when they removed us from the gold standard (having a standard at all is vital here, you can argue of what etc.) it's going to objectively get worse for the average person, and better for corps and private equity firms lol.

The Fed Reserve is a false-front, used by the elite to merely adjust interest rates as their fiat scam economy sees fit.

If they allow silver to hit $30, way more sinister shit is being engineered behind the curtain and that's why I say despite not feeling it will hit that, I remain open to anything after the "pandemic" "response" from our government, etc.


--------------------

"Real knowledge is to know the extent of one’s ignorance." — Confucius

Extras: Filter Print Post Top
Re: Silver is under $18 an oz invest or not?? [Re: Loaded Shaman]
    #29608788 -

I have no argument against the notion that precious metals protect against government silliness

Silver however will go to $30 based on it's industrial demand (waning) and supply situation (over supply)

No government shenanigans necessary

Gold is a different story, it being a monetary metal

Precious metals purchased at a reasonable price can be viewed akin to a savings account IMO

Extras: Filter Print Post Top
Jump to top Pages: | 1 | 2  [ show all ]

Myyco.com Shop: Golden Teacher Liquid Culture For Sale

General Interest > Money Matters
Threaded Mode Threaded  Previous topic Previous  View all topics Index  Next topic Next 

Similar ThreadsPosterViewsRepliesLast post
* Anyone have experience with High Yield Investment Programs? Cakes 2,574 17 03/23/20 11:19 PM
by BirdSeedUndaUrFeet
* Palladium *DELETED* LunarEclipse 2,356 16 10/21/08 01:10 AM
by Middleman
* Palladium LayYouIn 1,654 14 11/30/08 10:57 AM
by LunarEclipse
* $$$ - What do you consider a good investment at the moment?
( 1 2 all )		 AsanteM 3,937 23 06/08/15 08:02 PM
by ballsalsa
* Got $7,500 to invest...help?
( 1 2 3 all )		 gogrowgo123 11,943 45 04/03/08 08:28 PM
by Techno_Raver
* Invest Your Money! Share you advice... kake 2,763 16 12/18/09 07:09 PM
by badchad
* Investments ClammyJoe 1,569 5 02/04/07 08:05 PM
by Prisoner#1
* Investing... Please help! gluke bastid 1,626 6 09/07/07 10:17 PM
by GnosticWarrior

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
1,058 topic views. 0 members, 1 guests and 1 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2026 Mind Media. Some rights reserved.

Generated in 0.024 seconds spending 0.004 seconds on 15 queries.