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Ardent Listener
25th November 2010, 07:06
http://seasonalcharts.com/classics_silber.html

http://seasonalcharts.com/img/METALS-CSH/SILVER.GIF

maplesilverbug
25th November 2010, 08:16
1650


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silverheartbone
25th November 2010, 09:01
http://seasonalcharts.com/classics_silber.html

http://seasonalcharts.com/img/METALS-CSH/SILVER.GIF

Thanks for the bit of holiday cheer.

What is Truth?
25th November 2010, 09:52
Thanks for the bit of holiday cheer.

Just wait until after the holidays to do your PM gift giving shopping. ;)

Ardent Listener
25th November 2010, 21:34
Perhaps there is some confusion concerning the chart. There was on the Realcent site. I'm no expert, so I'll try to clear this up with a quote from the kitco fourm which explains it better than I can. https://www.kitcomm.com/showthread.php?t=67121&page=2

Why is there such a HUGE difference in strength between 31 december and 1 january if it's some kind of seasonal average?

It shows how much on average the price of silver changes from day-to-day throughout the year. It starts at 100 as the base price. So if you see that at February 1 it is at 102, that means that silver goes up an average of 2% in January (I.E. buying on January 1st and selling on February 1st every year would give you a 2% profit every year on average).

It shows that if you buy silver on January 1st, and sell on December 31st, you'll average about a 5.5% return. That's the average return over the past 37 years (actually, it appears to be 1970-2007).

Some people say "But silver stayed flat at about $4-5/ounce for most of that time!". But, in 1970 silver was about $1.63, and in 2007 it was about 10 times that. So yes, silver has averaged more than a 5% average return for the past 37 years.