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Posted
On 5/14/2025 at 3:37 PM, hotsun said:

Buy bitcoin when its 100k or buy it when its a million. Holding precious metals is like watching grass grow

How much BTC did you say you had ? 😉

Posted
7 minutes ago, Lacessit said:

I am sitting on cash, waiting for the next stupidity from the Oval Office to send sharemarkets into a tailspin again.

 

Nothing better than buying a good stock cheap, which is paying a good dividend.

 

I have done quite well out of silver, but it pays no dividend. As you say, riding a tiger.

Good on you. Same as you, Warren Buffet is also sitting on a lot of cash. IMO  the time when everyone is crying "fire" rushing for the fire exit is not too far off.

Posted
46 minutes ago, swissie said:

Silver is mostly a by-product of copper mining.

No it's not.

 

Silver is associated with lead, zinc and gold. Whilst most certainly it's a by-product in gold mining, it's more often the case the primary economic metal in silver-lead-zinc deposits.  Yes it is associated with copper, but it's not the most common occurrence. 

Posted
On 5/14/2025 at 1:13 PM, pacovl46 said:

Gold is a long term investment and in my opinion much safer than anything else, apart from real estate maybe. 

 

Yes. I used to invest into gold for short-term gain, but usually made a loss. Now investing more and more in gold, as opposed to equities. Planning to hold for 5-10 years.

Posted
On 5/14/2025 at 10:28 AM, Conan The Barbarian said:

Looking for a Long-Term Investment: Silver or Gold?

Both, but right now, silver is undervalued.

 

Still, I wouldn't go all in on precious metals.  Get some advice about a proper portfolio allocation.

 

I can remember buying and selling 1 oz gold coins in the $300 range, most recently in the early 2000s.  So it can be a good inflation hedge. And I can remember buying bags of junk silver for not much.  Maybe 3X face?  Again, a good inflation hedge for anyone with a long term time horizon.

 

And don't forget, silver has industrial applications, so that gives it added value. They need that stuff. 

Posted
24 minutes ago, Stocky said:

No it's not.

 

Silver is associated with lead, zinc and gold. Whilst most certainly it's a by-product in gold mining, it's more often the case the primary economic metal in silver-lead-zinc deposits.  Yes it is associated with copper, but it's not the most common occurrence. 

According to big mining companies (Glencore for example) most Silver content is connected to copper mining as far as quantity is concerned. Surely other mining procedures yield a certain amount of Silver. But as far as quantity is concerned, copper is the main supplier of Silver.

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Posted

In the case of Silver, I would like to add that for the 3rd year in a row Silver demand has outpaced Silver production. Of course, something like that doesn't make the headlines.
 
But this is exactly the constellation for another typical Silver outburst on the upside. This time not needing any "market cornering" as before, just the fundamentals sinking in.

 

According to the current pricing of Silver, those fundamentals have not yet "sunk-in".

 

Posted
10 hours ago, jas007 said:

 

And don't forget, silver has industrial applications, so that gives it added value. They need that stuff. 

Just about every smartphone, tablet, laptop, and desktop made contains silver.

 

It has the highest electrical conductivity of any metal.

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