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twistyAdministrator
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Reged: 09/18/03
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Re: twisty told you on Oct. 5 to buy silver
04/21/11 05:53 PM


> Its not the gold and silver prices are going to continue to go up, its the
> inverse.

Actually, silver is going up in value relative to other commodities as well. It's both.

Whereas gold is more of a benchmark monetary metal.

> Experts out here are forecasting a bubble in the silver price

It might be a bubble some day, but we aren't anywhere close to that yet. Here's the thing to understand, when silver hit $50 in 1980, that was an actual bubble. In 2011 (devalued) dollars, it would have to hit $450+ to equal that. It isn't even at $50 yet. The ultimate top is a long ways off.

Another way to determine bubbles is by doing ratio pricing. For example, is the silver/oil ratio out of whack right now? No, not at all. In fact, the ratio has been higher many times in the past several years (ie. silver was slightly pricier relative to oil than it is now).

The current ratio is 0.405 - which is far below the 1.0+ of the 1980 bubble.

Yes it is no longer "cheap", but there is no bubble right now.













Entire thread
Subject Posted by Posted on
* twisty told you on Oct. 5 to buy silver SmitdoggAdministrator 04/20/11 03:49 PM
. * Re: twisty told you on Oct. 5 to buy silver Tingoes  04/21/11 03:42 PM
. * Re: twisty told you on Oct. 5 to buy silver GatKongModerator  04/21/11 06:56 PM
. * Re: twisty told you on Oct. 5 to buy silver SmitdoggAdministrator  04/21/11 09:45 PM
. * Re: twisty told you on Oct. 5 to buy silver twistyAdministrator  04/21/11 09:59 PM
. * Re: twisty told you on Oct. 5 to buy silver SmitdoggAdministrator  04/21/11 10:07 PM
. * Re: twisty told you on Oct. 5 to buy silver twistyAdministrator  04/21/11 05:53 PM
. * Re: twisty told you on Oct. 5 to buy silver SmitdoggAdministrator  04/21/11 03:49 PM
. * Re: twisty told you on Oct. 5 to buy silver keshbach1  04/21/11 09:38 PM
. * Jumped up another 50 cents since posting this SmitdoggAdministrator  04/20/11 06:00 PM
. * I love bubbles >nt< italieAdministrator  04/20/11 06:17 PM
. * What about Conky SmitdoggAdministrator  04/20/11 06:20 PM
. * I prefer v2.0 italieAdministrator  04/21/11 12:02 AM
. * Re: twisty told you on Oct. 5 to buy silver twistyAdministrator  04/20/11 05:28 PM
. * Re: twisty told you on Oct. 5 to buy silver RdW  04/21/11 09:15 AM
. * Re: twisty told you on Oct. 5 to buy silver Gor  04/20/11 06:19 PM
. * Re: twisty told you on Oct. 5 to buy silver jopezu  04/20/11 05:28 PM
. * I told you in 1998 to buy gas italieAdministrator  04/20/11 03:54 PM
. * Re: I told you in 1998 to buy gas keshbach1  04/20/11 09:39 PM
. * Re: I told you in 1998 to buy gas SmitdoggAdministrator  04/20/11 04:01 PM
. * Re: I told you in 1998 to buy gas italieAdministrator  04/20/11 04:38 PM

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