Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 1:18 pm
by Neckro
If that's the case. I'd be a millionaire lol
Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 2:09 pm
by AGCoinHunter
@ $936 oz...
1 War Nickel = $52.66
1 AG Dime = $67.71
1 AG Quarter = $169.27
1 AG 40% Half = $138.43
1 AG 90% Half = $338.55
1 AG Dollar = $723.95
Yea, I could live with this number...
Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 3:07 pm
by BamaJoe
Ok folks, beat the rush. Mine is for sale at that price right now. Free shipping included.
Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 5:03 pm
by beauanderos
BamaJoe wrote:Ok folks, beat the rush. Mine is for sale at that price right now. Free shipping included.
How much do you have? I want it all! Where do I send my Zimbabwe money?
Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 8:08 pm
by Thogey
The arguement doesn't work.
Just because the paper trade hides (they say suppresses) the true value of physical PM's doesn't mean that, in the absence of that market, the demand would be a straight line extrapolation, regardless of cost.
The demand curve would seriously bend. I obviously would not pay 900 per ounce of physical Ag.
My analysis, however, does not take the hyperinflation scenario into account. In that case I believe the 45X multiplyer might hold for food, energy and, in my case beer.
In beauanderos' case.. pie would be the preferred unit of trade at $90 a round.
Forget about dollars. The silver to pie ratio is what Ray has his eye on, hence the Ag hoarding behavior he exibits
Re: The Curious Case For $936 Ounce Silver
Posted:
Mon Sep 20, 2010 8:53 pm
by beauanderos
Thogey wrote:
Forget about dollars. The silver to pie ratio is what Ray has his eye on, hence the Ag hoarding behavior he exibits
Dude... why do you think they call it "cherry-picking?" Picking up silver as cheap as it is right now, compared to it's future value is... dare I say it? As easy as pie!