Investing in Silver: $1500oz Silver!! - Mike Maloney

[jayangli]

is there not a reason for silver to be so undervalued? it seems strange that it was 50 in 80s, then 3 bucks in 2001 and now still under 50. if silver is used so much, why is it so much cheaper than copper or palladium.

[Snootwaller]

"When the common man turns to silver because gold is more expensive." That statement to me makes absolutely no sense to me. Anybody can invest in gold no matter what the price soars to, you just get less of it. Other arguments presented in the video seem very sound to me, but that statement (which I often hear repeated) is--as far as I can tell--completely irrational.

[LibertyDownUnder]

@Snootwaller, gold may reach a point where it's overpriced in terms of other commodities like oil, coal, wheat - and then may be considered too expensive.

[watchman380]

When the economy recovers the price of silver will drop.

[Cinnafury]

@watchman380 it will rise anyway, as industrial demand will rise along with the economy. LOL