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Is silver MORE of a monetary or an industrial metal?
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Thread: Is silver MORE of a monetary or an industrial metal?

  1. #1
    Ardent Listener Guest

    Default Is silver MORE of a monetary or an industrial metal?

    I think we all know silver is BOTH an industrial and monetary precious metal, but is it MORE of an monetary or industrial metal?

  2. #2
    Rob108 Guest

    Default Time.

    At present silver is mostly an industrial metal. This will however change the next coming years. It will again be accepted as money when the fiat, criminal system is threatened more and more. It has already started for a few in the Western world or even never disappeared for a another few in the Western world. In India, with one billion people, it never disappeared. So when it revives its original status in the Western world its monetary use will completely outpace its industrial use. In other words, silver will reach its reasonable value: a silver dime is a days wage for the laborer, which is something like 150USD.

  3. #3
    Ardent Listener Guest

    Default

    You might be right about that Rob. Until it looks like Sh!t is hitting the fan I'm more concern about silver's industrial value. And in today's dollars I feel it is under-valued. The recent price increase in nickel makes that clear to me. I expect a price increase peak within the next two years. Maybe sooner. When that spike comes I'll have to decide when and how much of my silver hoard I want to sell and how much I want to hold incase SHTF. I'll use the FRNs to rebuy silver after it drops again or perhaps something like land. If you are right though I might be living like a King!

  4. #4
    Rob108 Guest

    Default King.

    Hi Ardent Listener,

    Most probably, you are a future KING.

  5. #5
    Ardent Listener Guest

    Default

    Interesting signature, "In the age of Kali extremely lousy, dark politicians will rule the planet only to fail and bring about hellish living conditions. Paper and electronic numbers will be used as the ultimate money bringing extraordinary power to criminals for some time. " Would you tell us where it comes from? You can do so on off topics if you like.

  6. #6
    Rob108 Guest

    Default

    Hi Ardent Listener,

    It's based on information from the Veda, the ancient holy scriptures from India.

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