What's going on with silver?

Discussion of the Gold portion of the Permanent Portfolio

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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Wed Nov 27, 2019 3:29 pm

JM Bullion has 10 oz bars on sale for .29 cents over spot. I hate these evil bastards. They are like pushers waving my drug of choice under my nose at a cut rate price.

https://www.jmbullion.com/on-sale/?con ... 9zubgamux#
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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Thu Feb 27, 2020 11:38 am

Silver is not doing well at all in the present crisis and is hugely underperforming gold. I suspect this is largely due to silver's dual nature as both a precious and industrial metal. In any situation that is likely to have broadly negative ramifications for the economy, demand for industrial metals will fall. Current silver/gold price ratio is 92:1.
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Hal
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Re: What's going on with silver?

Post by Hal » Thu Feb 27, 2020 1:40 pm

Ad Orientem wrote:
Wed Nov 27, 2019 3:29 pm
JM Bullion has 10 oz bars on sale for .29 cents over spot. I hate these evil bastards. They are like pushers waving my drug of choice under my nose at a cut rate price.

https://www.jmbullion.com/on-sale/?con ... 9zubgamux#
Better not visit Perth then :)

Additional Weights
Additional silver bullion cast bars up to 1,000oz can be purchased from The Perth Mint by contacting our Bullion Desk:
1300 201 112 Australia only
+61 8 9421 7218 International Callers*
E-mail: info@perthmintbullion.com
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Re: What's going on with silver?

Post by ppnewbie » Thu Feb 27, 2020 4:10 pm

I personally like the 1 kilo bars. Here is one to covet.

https://www.jmbullion.com/1000-gram-pam ... ilver-bar/

Also, I think the price of silver may go up because from my laymen's research it seems like the cost of producing silver is somewhere in the range of 12 to 15 dollars. At that price as the miners go bust the demand will start to exceed supply - pushing the price up. No idea how high but right now it seems cheap.
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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Fri Feb 28, 2020 9:58 am

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Re: What's going on with silver?

Post by Ad Orientem » Fri Feb 28, 2020 9:59 am

Silver today...


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dualstow
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Re: What's going on with silver?

Post by dualstow » Fri Feb 28, 2020 10:20 am

Wow, that is a big drop indeed.
Silver is antibacterial, but apparently not antiviral.
Can I steam my face mask occasionally instead of washing it?
Ans.: Not really. Only steam things for which washing is not an option.
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Re: What's going on with silver?

Post by Jack Jones » Fri Feb 28, 2020 2:55 pm

dualstow wrote:
Fri Feb 28, 2020 10:20 am
Wow, that is a big drop indeed.
Silver is antibacterial, but apparently not antiviral.
O0
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Re: What's going on with silver?

Post by Ad Orientem » Sun Mar 08, 2020 9:53 pm

Silver/gold price ratio... 98:1.
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Re: What's going on with silver?

Post by dualstow » Mon Mar 09, 2020 8:42 am

Gold up, silver down
Can I steam my face mask occasionally instead of washing it?
Ans.: Not really. Only steam things for which washing is not an option.
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Re: What's going on with silver?

Post by Ad Orientem » Mon Mar 09, 2020 5:48 pm

This is a good example of silver's weakness. Being an industrial metal is weighing heavily on it with the global economy is going into full panic mode.
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Re: What's going on with silver?

Post by dualstow » Mon Mar 16, 2020 11:51 am

AJPM dot com says
We currently have no live silver product at any of our locations.
Can I steam my face mask occasionally instead of washing it?
Ans.: Not really. Only steam things for which washing is not an option.
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