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by the light of the silvery moon...
- Thread starter zhihau
- Start date
very short term maybe....................but likely to go down lower..................see if go to 19.5 worth a try..............
no idea. but if u think it low enough, buy a bit. earn some lose change if it goes up again.
Wa lao bro, I saw the thread title I thought you going to spin off into your poetry again.
Silver is heading much lower in my opinion.
u mean futures contract?
looking at the prices off silverprice.org
so what is the real value of silver?
Silver value depend on what value you give to silver.
A lot of silver was used in the old photographic papers and xrays.
Photograpic papers died when digital photos came and as hardly anyone print photos the old way, loads of silver
became available , well, as silver.
Looks like more silver around than people wanting silver.
So price going down. Elementary economics.
talking of which, has been a while me had last checked on my minolta slr :o:o:o
so what is the real value of silver?
Silver is mainly an industrial metal with some investment demand due to linkage with gold. As an industrial metal its price is quite inelastic. That's why if investment demand falls, its price can really tumble.
so what is the real value of silver?
Not an expert but want to add that silver highly prized in old china, and is almost always mentioned in the same breath as gold in chinese literature (金银).
The old story '此地无银三百两' (There Are No Three-hundred Liangs Silver Here) shows how highly silver is prized.
maybe should stop using the FIAT system and link currencies back to gold and silver
Nt enough gold n silver around in circulatio to back so much monies and credit these days
but the FIAT system is creating a lot of trouble, isn't it? :o:o:o
Tuan, uranium better bet !:o
