silver investment: The Lowest Risk, Highest Return Potential, page-156

First 156 Last

Share
Profile

Follow
Tubsfahkwah

2,153 Posts.

42

02/04/18

09:44

Post #: 32164192
Share

Originally posted by Skol ↑

The Dow, the S+P, property, CBA shares or a bank account?

We'll ignore the fact that they all pay a dividend and and have all thrashed silver for the last 7 years.

Have a think about it for a split second.....

View attachment 1037974

World silver production is at record levels and when it's dug out of the ground it has to be stored somewhere.
Silver's piling up in warehouses because as my post above states..."There's just not many people looking to buy silver at this point in time,"......

If silver was being distributed warehouse levels would be declining.

Technically silver is looking very weak with a symmetrical triangle descending continuation pattern....

View attachment 1037977

US Mint sales have crashed, silver coin sales down by 71% in January and 76% in February, total US Mint sales the lowest in 11 years.

“It’s been a trend since the beginning of 2017,” said Peter Hug, global trading director of Kitco Metals. “There has been a massive amount of dishoarding metal in the North American market.”

=====================

U.S. bullion coins sales continue to slide, following trend begun in 2016

American Eagle silver bullion coin sales down from 2017’s already lower levels

The impact of the sales decline in 2018 is even greater when one considers that for the whole of 2017, the sales of 18,065,500 American Eagle silver bullion coins represented a 52 percent decrease from the 37,701,500 coins recorded sold in 2016.
=======================

Expand

Past performance is not an indicator of future returns. The ultimate truism.

Cycles culminate with extremely poor sentiment for the soon-to-be-bullish asset so your articles are to be expected.

I'm happy to wait for the correction mate with my safety assets.

PS: I was long in ASX stocks (telco, aged care, renewables, industrials) until the end of 2016 and did well , but now is not the time to be a sheeple with traditional assets valuations being so high.

By dissing silver and other PM's you are doing everyone on HC a disservice IMHO. One just needs to view these things as an investment and be PATIENT.

Last edited by Tubsfahkwah: 02/04/18
1 Upvote

0 Great analysis

Reply

Top Stories

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

KAO

High-grade copper & tungsten results strengthen Karibib opportunity

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

First 156 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

silver investment: The Lowest Risk, Highest Return Potential, page-156

Top Stories

LISTEN: HotCopper Wire Podcast #052 – A big, juicy gold megamerger

Expert Exchange: Gold's record run (and a look at key risks) with David Sokulsky

High-grade copper & tungsten results strengthen Karibib opportunity

LISTEN: HotCopper's Penny Drop Podcast #1 – Uranium deals, PFS misses, & an Ebola opportunity

Australian resource exploration spending a 'mixed bag' on back of Middle East crisis

Featured News