CORP/BIZ Silver and Gold...The General Precious Metals Thread

West

West

Senior
Wyominglarry said:
I wonder what all you PM experts on this board think silver will hit by the end of the end? Lots of "experts" on YouTube say there is no resistance to a price increase once it goes above $40. I hope it hits $50 by end of the year.
Click to expand...
Would muse......

$100 fiat dollars per ounce by 2029. Or sooner.

But I'm only a red neck, trailer park, white trash, laborer. Living in today's make believe world.
 
Tristan

Tristan

TB Fanatic
Wyominglarry said:
I wonder what all you PM experts on this board think silver will hit by the end of the end? Lots of "experts" on YouTube say there is no resistance to a price increase once it goes above $40. I hope it hits $50 by end of the year.
Click to expand...

At the end of the end (whenever in the heck that is), an ounce of Silver will be worth... (drumroll)

An ounce.


What silver (and gold) measures is how much people value the metal in relationship to the currency in which their transacting.

I hear that silver got pretty 'expensive' in Zims, before that unfortunate currency was tossed in the dustbin of currencies...


Another way of stating your last sentence would be, "I hope the $ goes down by 25% by the end of the year..."

What exactly is "the end of the end", anyway? TIA.
 
hiwall

hiwall

Has No Life - Lives on TB
Anyone can guess. It is obviously going up and pretty fast.
Looks like we will see $50, maybe in a month or so.
What I wonder is....why can you still buy as much as you want?
Why would companies sell it when if they hold it will likely be worth much more?
 
DFENZ

DFENZ

Senior Member
hiwall said:
What I wonder is....why can you still buy as much as you want?
Why would companies sell it when if they hold it will likely be worth much more?
Click to expand...
When everyone starts to realize that if they just hold, it will be worth more tomorrow, that dynamic will shift pretty dramatically. When it becomes a self-reinforcing positive feedback loop where everyone wants it, but no one wants to sell, that's when it gets spicy. I'm not saying that it will happen but it's starting to feel that way.
 
Hfcomms

Hfcomms

EN66iq
How much would silver or gold sell for when the dollar goes to zero? Serious question.

To get back to the question using the value of the dollar today and factoring in inflation to take out the old $50 high in 1980 silver would sell for $196 an ounce today. Right now silver comes out of the ground at 7:1 vs gold due to depletion. Assuming that gold stays the same and doesn’t go up at $3600 at the geologic ratio gives us $514 silver an ounce. What if gold goes to $5000? Do the math.

Silver is in structural deficit for five years now, demand continues to increase with industrial, commercial and medical uses. National governments including the U.S. are labeling silver as a strategic metal and despite the ‘everything’ bubble silver is still trading below it’s old nominal high of $50.

To be blunt, silver at current prices is the most undervalued asset in the world. But I don’t value silver in dollars, I value it in ounces in the safe and I think that is the way to look at it. Any silver you acquire now even at these prices will seem like stealing candy from a baby a few years from now.
 
Hfcomms

Hfcomms

EN66iq
I asked Grok what was the most undervalued tangible asset in the world. I didn’t ask any leading questions and this is what it returned. HF




Silver stands out as the most undervalued tangible asset in the world right now, based on a combination of persistent supply deficits, surging industrial demand, and historical pricing anomalies that suggest significant upside potential. As a physical commodity with both monetary and practical applications, its current market price doesn't reflect its fundamentals—particularly when compared to gold, where the gold-to-silver ratio remains elevated at around 80:1, far above the long-term average of 40–50:1. This mismatch is exacerbated by structural issues: global silver mining output has declined for several years, creating deficits that reached record levels in 2024 and are projected to continue into 2025, while new large-scale projects remain scarce due to regulatory and geopolitical hurdles in key producing regions like Latin America.

On the demand side, silver's role in green technologies is exploding—it's essential for solar panels, electric vehicles, battery systems, charging infrastructure, and 5G/AI components, with industrial consumption expected to hit all-time highs this year amid global pushes for renewable energy and tech expansion. Institutions are taking notice, with inflows into silver-focused funds and increased hedge fund positioning signaling a potential "catch-up rally." Analysts from firms like UBS and Goldman Sachs highlight these trends, noting silver's dual appeal as an inflation hedge and industrial metal, potentially driving prices toward $100 per ounce if deficits persist.

While other tangible assets like farmland (which offers steady appreciation through biological growth, subsidies, and essential food production, even in recessions) and rare whisky (with 20%+ annual returns driven by scarcity and status appeal) also show strong undervaluation, silver's unique supply-demand imbalance and broad consensus across market watchers make it the top contender. Platinum is another close runner-up, facing a 2025 supply crunch from declining production and rising autocatalyst demand, but it lacks silver's breadth of industrial applications. Investors can access silver through physical bullion, coins, or ETFs, though it's volatile and not suited for everyone—consider your risk tolerance and consult a professional.
 
L

Line Doggie

Contributing Member
Listened to an interview with Eric Sprott a few months ago and took his advice.
Bought into SILJ, junior silver miners ETF with some leverage, in mid-July. Up 30% since then.
Bought into NUGT, 2x gold ETF, at the same time. Up 70%.
Bought into GBUG, gold and silver miners ETF, less than 2 weeks ago. Up 9%.
Wild experience for me, I'm certainly no finance geek.
 
Sozo

Sozo

Insignificant Contributor
Everybody has a price. What's yours?

Is silver something you hold in case of economic collapse? - Is that the only scenario you would use it?

What if silver hits $500 or even $1000 within the next two years? Would you be willing to part with it at that point?
 
Hfcomms

Hfcomms

EN66iq
Sozo said:
Everybody has a price. What's yours?
Click to expand...

You are not understanding what the metals are. Physical gold (and to a lesser extent silver) are money. The pieces of script in your wallet are not money they are currency. What is the difference between money and currency? That is your homework assignment for the weekend.

I’m not being flippant with you here. The ounce of gold and ounce of silver are not going up in price as much as the dollar is losing purchasing power thereby it takes more dollars to buy them and eventually you will not be able to buy them.

Since the metals are money (not currency) they hold their value over time. Would you sell them for dollars? Year to date the dollar has lost 10% of it’s purchasing power on the DXY while metals have gone up close to 40%. The metals are (should be) your savings account that you hold outside of the bank. The bank might pay you two percent while the dollar has gone down 10%.

I hold on to my metals and generally will not exchange them for dollars or whatever replaces the dollar. When would I liquidate them? Same as when I would use a savings account at the bank. If it was advantageous to make a large purchase I would use gold (land, income productive assets, etc) after the everything bubble pops. Silver is for barter and day to day type purchases when the dollar is rejected.

If one doesn’t understand the difference between currency and money in the coming reset and have taken steps to mitigate that imbalance you could lose everything like the great majority did during the great depression and what is coming will make that look like child’s play.
 
20Gauge

20Gauge

TB Fanatic
Sozo said:
Everybody has a price. What's yours?

Is silver something you hold in case of economic collapse? - Is that the only scenario you would use it?

What if silver hits $500 or even $1000 within the next two years? Would you be willing to part with it at that point?
Click to expand...
No as the value of the alternative is not good at all.

Now if I was selling silver for food or taxes, due to loss of the dollar, then that is another story
 
Sozo

Sozo

Insignificant Contributor
Hfcomms said:
You are not understanding what the metals are.
Click to expand...

No, I understand perfectly.
My point is that most people have a price point at which they would trade for fiat currency.

One person may be "Young & dumb", see that $100 mark, and take the coins dad passed down and buy something wasteful.

Another person may be well up in age and can decide to either pass it down, or use it to have a more comfortable life they couldn't otherwise afford for their remaining days.

And then there are some who may be living paycheck to paycheck, hardly able to make ends meet, and at $100/oz. - That may just be the final push to dump it so they can pay off some bills and put some food on the table.

So yes, I understand the difference, but I also understand that everyone's circumstances are different.
 
Hfcomms

Hfcomms

EN66iq
Sozo said:
No, I understand perfectly. My point is that most people have a price point at which they would trade for fiat currency.
Click to expand...

The only other thing I would cash metal in for is that when the gold/silver ratio corrects to being more normal I would take some of that fair or over valued silver and exchange it for gold and profit off the arbitrage. With the gold/silver ratio completely out of whack silver is the place to be right now although ideally you would have some of both.
 
hiwall

hiwall

Has No Life - Lives on TB
If a person years back started buying gold and silver for retirement (instead of an IRA) then when they retired they would naturally start gradually selling their stash of PMs. Also anyone with PM's would sell some when required to pay for unexpected debt they had not counted on.
Everyone is always different.

I sure wish I would have bought PM's instead of my IRA.
 
L

Line Doggie

Contributing Member
When Markets in general are dropping, institutional investors and private people who are a lot richer than we are might be selling whatever they have that can be sold. They might need quick cash to get them out of whatever corners their financial schemes have gotten them into.
It's like me borrowing a truck from my brother-in-law, driving it into a fence, and then going to the pawnshop with a few guns in order to raise some money for repairs.
 
S

savurselvs

Veteran Member
Sozo said:
Everybody has a price. What's yours?

Is silver something you hold in case of economic collapse? - Is that the only scenario you would use it?

What if silver hits $500 or even $1000 within the next two years? Would you be willing to part with it at that point?
Click to expand...
Only if the resulting dollar was intended for an immediate use.
Or the trade was beneficial, 63 vette or a bull calf ect!!
 
hiwall

hiwall

Has No Life - Lives on TB
A person can look at the DOW or other markets and say "see this went up five hundred percent". And that is a true statement except it is not the whole story. During that time frame (whichever time frame a person picks) some individual stocks go up and some go down and some go bankrupt and are gone. That is why the stocks included in certain market indexes change off and on. The poor performing ones or the bankrupt ones are gone and only the best remain. Which is fine but a person buys (usually) individual stocks and anyone no matter who can make some poor choices.
Plus the little fact that you never actually own the stocks. You just have a claim.
With PMs you can touch them. You can sell them. You can buy more or do nothing with them at all. And no one knows.
 
King Samson

King Samson

The Enforcer
hiwall said:
During that time frame (whichever time frame a person picks) some individual stocks go up and some go down and some go bankrupt and are gone. That is why the stocks included in certain market indexes change off and on. The poor performing ones or the bankrupt ones are gone and only the best remain. Which is fine but a person buys (usually) individual stocks and anyone no matter who can make some poor choices.
Click to expand...
Which is why I use the S&P 500 as a base line, 500 different stocks, so some will come and go, but the fund stays stable, a lot more than the DOW 30.

Sure, people also buy individual stocks, and in some cases, do really well, a LOT better than the S&P. They can also do really bad with individual stocks, and lose it all. Life is all about choices and risks.

But, it's real tough to beat the long term average of the S&P 500 against anything.

Another point, with your IRA at work, you invest PRE-TAX dollars into it, when you're at a higher tax rate/level. then withdraw it in retirement at a lower tax rate/level, so many people save tons on tax liability.

If you're buying silver instead of putting money in your IRA, you're spending AFTER TAX dollars, and you've already given Uncle Sam his cut, up front, before buying silver. So, you need an even BIGGER Return On Investment on your silver to break even.
 
Ravekid

Ravekid

Veteran Member
Hfcomms said:
When would I liquidate them? Same as when I would use a savings account at the bank. If it was advantageous to make a large purchase I would use gold (land, income productive assets, etc) after the everything bubble pops. Silver is for barter and day to day type purchases when the dollar is rejected.

If one doesn’t understand the difference between currency and money in the coming reset and have taken steps to mitigate that imbalance you could lose everything like the great majority did during the great depression and what is coming will make that look like child’s play.
Click to expand...
Historically, PMs have always been money. The problem today is that modern day is nothing like history. In historic times, one had to be in decent physical shape to survive. Be it gathering food, firewood, water, etc. Today, people get heat with the flick of a switch and wood is rarely used to cook food.

Any collapse in the modern era, especially in a country like the US with 300M+ firearms, will make PMs irrelevant for 99.9% of the holders. Most will die because their sugar meds, water pills, and various medical treatments won’t be available.

There might be very small communities that form, but the moment some tries to barter with PMs, they become a target with the whole town,

In order for a barter system to work, there has to be some level of a mostly functioning community. I just don’t see that happening when the bubble pops. At least not for decades.
 
W

Wyominglarry

Veteran Member
I agree with Ravekid. If we lose our power grid trading, stealing, and bartering will be the only ways to survive. You cannot eat gold or silver, so no one is going to want to trade you meds or food for them.
 
Hfcomms

Hfcomms

EN66iq
Wyominglarry said:
I agree with Ravekid. If we lose our power grid trading, stealing, and bartering will be the only ways to survive. You cannot eat gold or silver, so no one is going to want to trade you meds or food for them.
Click to expand...

Learn from history. There is always a black market and there is always goods available for a price but of course you have to be careful.

During WWII and the Warsaw ghetto which was an open air gulag where the Nazi's starved the Jews there was still a marketplace for the Jews that had assets they could liquidate.

iu


The Jews that had metal were able to eat and/or bribe the guards to escape for as long as the metal held out. You can look at economic collapses in the 20th century into the 21st century from the Weimer Germany debacle to Zimbabwe and Venezuela in more recent times. I've posted the New York times article several different times of people in Venezuela placer mining for gold flakes to pay for haircuts and food.

Gold and to a lesser extent silver are money and monetary at their base in any form as we are shortly to see in the U.S. once again. To be sure you can't eat gold and silver and that is why you need to be prepped up for perhaps an extensive period of time with everything from food, water and shelter to meds and security. Anything extra you put into metal in your possession as the savings account.

While there are no absolute guarantees we do have history to go by and even some very terrible history and the metals preserved life many times. Will they do it again? Nobody knows but the person that has them all things being equal is going to be better off than those that have all their wealth in paper which is going to go up in a puff of smoke.
 
S

shane

Has No Life - Lives on TB
Wyominglarry said:
You cannot eat gold or silver, so no one is going to want to trade you meds or food for them.
Click to expand...
While anyone can resolutely say they'd never trade any of their essential barterable goods for gold or silver, and that's fine, it'd still be prudent to have some PM's, same as having booze & cigarettes, even if you don't drink or smoke. Reason being, you can never be sure what somebody else in the future, that has something you desperately need, will demand for it.

For instance, the only remaining doctor, dentist or pharmacist left in town, whose already gotten in trade a garage full of canned food, eggs & chickens, thinking themselves pretty well set,, might just decide then that your gold or sliver is just the thing that'd earn you getting your deathly ill grandkid to the front of their mile long line of sickly locals in need.

You just never know what somebody else might want at different times in the crisis ahead, so it's always best to be diversified, and that'd mean including some gold, silver, booze, cigs, etc., so you've got more options.

Panic Early, Beat the Rush!
- Shane
 
Last edited:
Hfcomms

Hfcomms

EN66iq
King Samson said:
Exactly.

There's been plenty of "Man on the Street" videos, where they ask people passing by, would they like a FREE 1 oz silver coin, or a FREE candy bar. Over 90% take the candy bar, every time.
Click to expand...

Of course. Try that again when the dollar fails and nobody wants Uncle Sam's banknotes and see what happens.

Case in point Venezuela that I referenced earlier. Before their economic collapse they were the most prosperous nation in South America and like us used banknotes and credit. They relearned the old lessons pretty fast as we will.
 
King Samson

King Samson

The Enforcer
Ravekid said:
Any collapse in the modern era, especially in a country like the US with 300M+ firearms, will make PMs irrelevant for 99.9% of the holders. Most will die because their sugar meds, water pills, and various medical treatments won’t be available.

There might be very small communities that form, but the moment some tries to barter with PMs, they become a target with the whole town,
Click to expand...
In good times, barely 10% of the population has ANY type of PMs in their possession. And most just have a few coins. The far MAJORITY of the population are clueless, and only deal in dirty cash or plastic.

Why some think they'll be riding high in a crash, because they're sitting on a pile of metals, baffles me.

Odds are, the first time they go searching around town to find someone, anyone that will take their coins for gas or bread, when the whole town is fighting for the last case of water, they'll be eliminated on the spot.
 
You must log in or register to reply here.
Top