Why Gold Costs More than Silver

[mauriciorodriguez67]

ARE YOU FROM SILVER PLANET?

[quadcatfly]

I predict 2012-2014 to be the end game year. that is when the gold/silver will go into the stratosphere. bank holidays, social unrest and of course a new war. but dont worry, government will be here to help!!!

[BIGBKELtheGOD]

@quadcatfly

"but dont worry, government will be here to help!!!"

Help my ass! They will be their with 8 inch needles to pump more blood out of us turnips!

[Steve2323ZX]

I understand why you picked theCOMICsitedotcom as your user name. you are such a comic. this video makes me laugh so much.

Silver becoming more valuable than gold. That's a joke. What high end applications are you referring to? Cold fusion?

Step one PUMP, step two, make a disclaimer, step three DUMP and leave marks holding the bag. After the marks lose their money you can always refer to the fact you made a disclaimer.

Jonnathan Lebed is that you?

[thecomicsitedotcom]

@Steve2323ZX Firstly, pump and dump only works on stocks with a very low float, silver has a float far too large to attempt a pump and dump type scheme.

Secondly, silver is already far superior to gold in almost every fundamental aspect,

Most electrically conductive element is?

Most thermally conductive element is?

Most reflective element is?

Hint:(Silver is the correct response to all three)

Nuclear reactor control rods to mention only one high end application.

[Steve2323ZX]

@thecomicsitedotcom firstly, look at a 20 year chart of the price of silver and see how volatile it is

If silvers price hits 50 per oz how many marks can unload all their silver before the price drops precipitously?

who in their right mind would use silver for industry when it becomes more valuable than gold which is exactly what you claim will happen at the 5:15 mark in your video. Gold is over a thousand an oz. if silver were to over take that, you’d have very expensive reactor control rods

[thecomicsitedotcom]

@Steve2323ZX Anyone who had physical silver in hand in 1981-82 could have sold all they had at the $50 dollar price.

Industry uses silver because of its unique atomic properties, not because it is cheap. Your computer or cell phone has about 5 cents of silver in it, if the price jumped to $1800 oz it would only add $5 to the price of your phone or computer.

When the available supply of silver is less than golds it will cost more.

[Steve2323ZX]

@thecomicsitedotcom silver will cost more than gold when people find out werewolves really exist and only silver bullets kill them. in other words, never

[thecomicsitedotcom]

@Steve2323ZX

It is called supply and demand, go take an econ course above the 100's and perhaps you will better understand.

[thecomicsitedotcom]

@Steve2323ZX And spend a little time in the history department, Silver has already been more expensive than gold. See what the first Egyptian Pharaohs sarcophagi were made of (silver) why? Because at the time it was more rare than gold, and yes more expensive too. no werewolves though.

[Steve2323ZX]

@thecomicsitedotcom spend some time in the chem lab. palladium also has unique properties, has many industrial and is more rare than gold. none of those reasons will make it more expensive than gold. the same goes for silver

[thecomicsitedotcom]

@Steve2323ZX

Nice try but yet again, your knowledge base shows your age or lack there of it. In May of 98 Palladium did in fact cost more than gold, you are debating a topic about which you know very little to nothing. Before you spout off at the mouth try doing some serious research. Incidentally anyone who took my advice to buy silver when the post was made is now up 100% on their money. I'm up 100k how about you?

[Steve2323ZX]

@thecomicsitedotcom yeah pulling facts off google makes you an expert. the day silver is worth more than gold I will gladly eat my words. not that i have anything to worry about.

[thecomicsitedotcom]

@Steve2323ZX When silver costs more than gold you'll be standing in line for government cheese and bread good luck with that.

[Steve2323ZX]

@thecomicsitedotcom that's funny comic. you might as well have said, when pigs fly you'll be standing in line for government cheese because they both have the same probability of happening.

even if golds price fell from it's current price of $1200 down to $600 per oz.. silver at $601 means it would have to multiply in value 30 times. good luck with that.

[fluff125]

I don't see it. People have been calling for a run up the price of precious metals for 30 years. Yes, it happened in the seventies, but the power players can keep depressing the price until long after I am dead. I would rather invest in unmanipulated markets.

[thecomicsitedotcom]

Could you mention one market that is not manipulated? If currency is manipulated, no matter what you invest in it is still controlled by the "players" that have cornered whatever underlying resource you are trading. I don't advocate only buying physical silver, I also invest heavily in anything that is undervalued and likely to appreciate, for example nasdaq LNUX looks heavily undervalued and likely to rise.

[fluff125]

@thecomicsitedotcom What do you think of Jim Rogers?

[thecomicsitedotcom]

I could do without the bow tie but he has made a lot of money by being right more often than being wrong. I do think that moving overseas is a bit of lunacy, the failure of a currency, any currency will bring chaos to everywhere not just the US, this is not a problem one can run from. So in a nutshell I tend to agree with him about 80% of the time.

[southernreign1]

Great video. I think the big dirty trick ETF brokers do is that for one, no one can exchange the silver the purchase at anytime physically. They most only take a cash payout. If enough people demand cash... the ETF people dump their physical silver into the market, which increases supply, which decreases value, which inturns makes less of the investors wanting to cash out, and more potential investors wanting to 'buy-in'.

It is a scam which I believe the world governments are in on too.

[Jyoyo1]

Good point about float. But float in the PM market is not a simple matter and can change quickly. It should be looked upon only as a short-term factor that offers buy-the-dip opportunities. How many of us buying physical are in it short-term?

You have way too much faith in SLV and the supposed physical silver "backing" this paper fraud.

Today's apparent higher silver "float" could vaporize in minutes.

And yet we have all that gold sitting out there as potential offers.

[thecomicsitedotcom]

I have little faith in the ETF bullion, I'm almost positive that it has some silver but what it does have is most likely sold many times over, agree on that. On float, consider the total amount of silver eagles minted 176 Million, total Krugerands 68 million that is only one coin look up Kennedy Half dollars, or Washington quarters pre 64 the difference in real float is huge.

[Jyoyo1]

Exactly. As gubberments and CBs are not holding silver like they do gold, there is an "artificial" higher float in silver.

I would not take comfort in that however. It's still tiny for the price.

Also realize that a whole lot of that 90% coin got melted down and used up or used to make 999 fine.

If you add up the 20th century US 90% silver coin mintages and calc the silver content you get a couple billion oz's. Most of it melted down.

[thecomicsitedotcom]

Please define "artificial float" I define float as actual real physical silver or gold available for purchase by anyone able to read this post. Wherever you buy your silver, coin dealers, online, ebay, private party, by weight there is more silver for sale than gold.

[Jyoyo1]

Perhaps "artificial" is not the best word.

I meant the gold and silver markets are not free.

Physical gold or silver float can change quickly with the slightest intervention - making such a metric in so small a market almost meaningless.

We've seen silver dis-hoarding to satisfy demand in excess of mined supply.

At the same time we've seen gold "mostly" held in vaults with little "float."

You are focusing on the "apparent."

I'm simply pointing out that has a short shelf life.

[bluehorse888]

Hello, I am new to this whole market game, but I've become recently interested in the prospect of silver.

In simple terms, are you speaking about all of the "paper silver" in the market creating an artificial lack of scarcity? I supposed If suddenly the real supply of silver suddenly ran out prices would skyrocket alarmingly fast as people become aware of the scam.

But is it really possible for more paper silver to exist???

[thecomicsitedotcom]

It one word yes. If everyone that believes that they are actually invested in physical silver actually took delivery of their metal, the difference in available silver to the contracts that need to be delivered is enormous.

[hiphopsocnroc]

So, the same that has happen with the diamond market. Nice vid, Peace

[buzzz121]

The same float exists for diamonds. If they released all the mined diamonds they would be of very low value. Diamonds would not be practical to be used as money because it is not easy to create a unit of measurement for.

[thecomicsitedotcom]

Exactly good point, diamonds are even worse because they can be lab created, you can not lab create silver.

[inkey2]

HAHAHA...I was thinking that before he said it......."Mr Madoff

[damonsecloro]

you're a smart man, i wont be investing in silver right now.. however gold is my main focus

[Daniyoyo]

when people wake the FUCK up and start buying REAL SILVER and not PAPER silver then supply and demand will show and shorting will mean nothing. people are waking up and is asking for Hard silver and not paper silver and thats why the silver is still rising even with the market manipulation. at the end of the day when people say fuck this fiat paper silver give me my BAR , comex will be in deep dodo and silver will go to the moon. it is happening now when paper silver cant even be converted!!!!

[inkey2]

to Daniyoyo: I agree.....I want my silver in good hard coins or bars.....not some I.O.U. in paper

[thecomicsitedotcom]

That is exactly what investing in silver is doing? no? Silver is not cash it is a commodity that you invest in, silver can create energy, energy is something my children will need in the future. So I invest.

I already have the small business to hand down, and cash reserves, but cash is going to dive in value, silver will go up.

[buzzz121]

How can silver create energy?

[thecomicsitedotcom]

Silver is the best conductor of thermal and electrical energy, while silver does not produce free energy, it is the best transporter of free energy (Solar) so it is used in most solar panels and in places where energy efficiency is important. Solar is better than gold, platinum, and copper at transporting energy.

[linux23dragon2008]

Continue to buy Silver on the lowest dips possible (100 - 1000 ounces here and their). Its always good to diversify investments.

But Silver is my retirement plan. Because most peoples retirement investments is tied to the stock market by government law.

So what happens to the market when more and more people retire year after year?

[thecomicsitedotcom]

Yep that sounds like pretty good advice mate. Also what happens as more and more are laid off? There are only so many productive jobs to be had, automation will lead at some point to social unrest.

[Ecothearcy]

and what happens when u fall over dead 1 yr before your retirement?

[thecomicsitedotcom]

Not really sure what you are getting at with that comment? Taken literally I would say your heirs, spouse, children, grandchildren and the like would inherit a very nice nest egg that was guaranteed to have value, and would provide assistance to cover burial expenses regardless of the outstanding paper debt you accumulated while alive.

[Ecothearcy]

spend your money when u r alive. help your family now. not when u r an old man or dead. thats pathetic.

[thecomicsitedotcom]

The concept of dying in debt is pathetic, leaving your burden for others to deal with is pathetic. It is akin to leeching off of others to further your own ambitions.

Saving , whether it be for you or your family's future emergency needs is prudent in all times. If you wish to enslave your children, and their children then yes by all means spend until you have no more.

[Ecothearcy]

dieing in debt is not an option debt , whether saving or borrowing, is forbidden in the Bible. It will be punished by G_d. Live now brother not wait for your death to enjoy your riches today.

[thecomicsitedotcom]

You should reread whatever scripture you are citing. Your argument is equivalent to saying pick all the apples, cut down the tree for fire today, and let the children of the future starve.

It is akin to stealing from the people that follow you, I'm fairly certain that stealing is a no no in almost every religion save perhaps one.

[Ecothearcy]

no invest, just dont invest by lending money, thats usury.help create a small business for your children, dont just die and give them cash to shop at walmart.

[howitzer24]

If you're considering falling dead 1 year before retirement you have a whole different set of problems. Get healthy. Once you regain your healthy through a proper diet you will see things clearly.

[thecomicsitedotcom]

Health is important, having enough money does help one purchase the more expensive healthy food.

[howitzer24]

I believe food is the most important asset we as human beings obtain because we ingest it. It makes up what we are. The cleaner one's system is running the more their senses are heightened. This allows them to see more at one time. It facilitates a faster pace of learning. It activates the pineal gland which is a human's third eye which can one in ways previously unimagined. It's awakening that little voice that is smarter than our consciousness. This voice has been intentionally suppressed.

[thecomicsitedotcom]

I would argue water is the most important, clean water specifically, silver purifies water, kills bacteria,fungi,mold on contact.

Be careful with the heightened senses aspect of health, there is a very fine line between genius and insanity.

[howitzer24]

I structure my water. I buy it distilled. Then I dump it into a ceramic jug with a quartz crystal in it. I add Colloidal life minerals including gold and silver. You can get a jar at a health food store in liquid form. All the packaged foods and even our produce is mineral deficient these days.

The healthier one is the less chance they will go insane. Toxic indigestible foods make people act strange and acquire strange diseases which, leads to autoimmune disorders.

[lokir]

Thanks for the info and I really dig the effect on the vids. :o)