Lemon Thrower wrote:sprott says as gold becomes scarce, silver will be increasingly seen as money and substituted and that is when the GSR will compress.
beauanderos wrote:Lemon Thrower wrote:sprott says as gold becomes scarce, silver will be increasingly seen as money and substituted and that is when the GSR will compress.
I'm surprised Sprott would say that, it runs counter to everything I've seen coming from both Embry and Sprott, which implicitly convey their beliefs that silver is MUCH scarcer than gold (at least above ground physical available for investment purposes)
neilgin1 wrote:.and you might think i'm huffing solvents, but i see silver at 500 an ounce....heaven only knows what shape the dollar itself will be in...so i think in terms of feeder cattle, which would be 2 silver Eagles for a 500 lb feeder....maybe 3 if its an Angus...up to 4, if the fella gets stubborn.
go ahead laugh...
Treetop wrote:neilgin1 wrote:.and you might think i'm huffing solvents, but i see silver at 500 an ounce....heaven only knows what shape the dollar itself will be in...so i think in terms of feeder cattle, which would be 2 silver Eagles for a 500 lb feeder....maybe 3 if its an Angus...up to 4, if the fella gets stubborn.
go ahead laugh...
Im not laughing, I kinda expect silver to do the same. That cow will rise with inflation as well though. So I doubt youll ever buy one with 2-3 ounces of silver. I expect silver to beat inflation, but not by enough we will see cattle selling for 2 ounces. (there are a lot more expensive cattle then angus by the way, lots of hype with angus Im by ranchers, not really my field)
scyther wrote:Mmm I'm gonna buy a lot of cows post-dollar collapse. I'll roast one up and eat it with pumpkin pie and beer. I mean, if they only cost a few ounces...
beauanderos wrote:Lemon Thrower wrote:sprott says as gold becomes scarce, silver will be increasingly seen as money and substituted and that is when the GSR will compress.
I'm surprised Sprott would say that, it runs counter to everything I've seen coming from both Embry and Sprott, which implicitly convey their beliefs that silver is MUCH scarcer than gold (at least above ground physical available for investment purposes)
neilgin1 wrote:
..and you might think i'm huffing solvents,
neilgin1 wrote:
but i see silver at 500 an ounce....
OtusLotus wrote:Not to sound like a newbie, but the 16:1 ratio is always bandied about, as the historical norm.
But in My historical norm (born in 1970), gold has NEVER been anywhere close to the 16:1 ratio (according to the chart at the beginning of the thread).
OtusLotus wrote: Could it be that just like 60 is the new 40, and we have to readjust our beliefs?
OtusLotus wrote: Don't get me wrong, I would love for the ratio to get to 16:1 again. It would mean either one or three things.. A)the world is robust, and everything is growing, or B) the price of gold gets destroyed, or C) the price of silver skyrockets.
shinnosuke wrote:how much longer we can do unregulated trades on realcent?
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