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Here’s an important point about physical silver - it gets thrown away at an astounding rate

 
Anonymous Coward
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01/30/2021 04:24 PM
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Here’s an important point about physical silver - it gets thrown away at an astounding rate
If you chuck an old cell phone or TV (throw it away), that silver is gone forever and will NEVER be reclaimed.

Some people turn their phones in to be rehabbed, but in many cases old TVs (anything electronic these days) just get chucked.

So, silver is being used as it’s mined and much of that use has a time limit.

Silver will never go to zero - it’s a can’t lose investment.

You will NEVER LOSE IT ALL.
REaliZe

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01/30/2021 04:26 PM

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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
I think it’s safe to say at this post that silver will be worth more in a few months than it is now.
There's. A. H0le. In. The. Sky.
Anonymous Coward (OP)
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01/30/2021 04:29 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
I think it’s safe to say at this post that silver will be worth more in a few months than it is now.
 Quoting: REaliZe


Yeah, right now it’s as CAN’T LOSE as CAN’T LOSE gets
Anonymous Coward
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01/30/2021 04:38 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
OP is correct.

There is more refined gold in the world than refined silver...because silver gets used up & thrown away.

But I would never say anything is a "can't lose" proposition!

- MC
Anonymous Coward
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01/30/2021 04:42 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
Beyond

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01/30/2021 05:12 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
I want to compare silver to aluminum because they seem equally plentiful but a price check shows a metric ton of silver is $550,000 while a metric ton of aluminum is just under $2,000. I certainly don't value these two metals as any more important than the other but that's my personal opinion. Gold wins with me.
Not anutter cig nature.
Anonymous Coward
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01/30/2021 05:17 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
I want to compare silver to aluminum because they seem equally plentiful but a price check shows a metric ton of silver is $550,000 while a metric ton of aluminum is just under $2,000. I certainly don't value these two metals as any more important than the other but that's my personal opinion. Gold wins with me.
 Quoting: Beyond



Nothing conducts electricity as well as silver (ALL electronics)

Nothing reflects light as well as silver (photography, mirrors, telescopes, solar panels)

No germ or virus can live on silver (water filters, band-aids, medical equipment, silverware)
Anonymous Coward
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01/30/2021 05:28 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
I want to compare silver to aluminum because they seem equally plentiful but a price check shows a metric ton of silver is $550,000 while a metric ton of aluminum is just under $2,000. I certainly don't value these two metals as any more important than the other but that's my personal opinion. Gold wins with me.
 Quoting: Beyond


Anonymous Coward
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01/30/2021 06:50 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
Anonymous Coward
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01/30/2021 07:16 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
HELP US,

BACK UP THE TRUCK AND HELP US EMPTY THE VAULTS

THE EMPORER HAS NO CLOTHES

STACK IT AND HOLD HOLD HOLD.
Anonymous Coward
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01/30/2021 07:20 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
This is an extremely disturbing revelation. Dafuq man! What happens when the war with the lycans begins? We’ll need silver weapons & there won’t be any. I hope those assholes on Wall Street are happy now.
Anonymous Coward (OP)
User ID: 79714459
Sweden
01/30/2021 07:27 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
This is an extremely disturbing revelation. Dafuq man! What happens when the war with the lycans begins? We’ll need silver weapons & there won’t be any. I hope those assholes on Wall Street are happy now.
 Quoting: Anonymous Coward 78101550


I’ll sell mine - $10,000/oz
Anonymous Coward
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India
01/30/2021 07:29 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
This is an extremely disturbing revelation. Dafuq man! What happens when the war with the lycans begins? We’ll need silver weapons & there won’t be any. I hope those assholes on Wall Street are happy now.
 Quoting: Anonymous Coward 78101550


hesright
FLITETIME

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01/30/2021 07:40 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
If you chuck an old cell phone or TV (throw it away), that silver is gone forever and will NEVER be reclaimed.

Some people turn their phones in to be rehabbed, but in many cases old TVs (anything electronic these days) just get chucked.

So, silver is being used as it’s mined and much of that use has a time limit.

Silver will never go to zero - it’s a can’t lose investment.

You will NEVER LOSE IT ALL.
 Quoting: Anonymous Coward 79714459


Time to recapture
FLITETIME NOW
Doc
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01/30/2021 08:05 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
There is an old bad Science fiction movie where a guy terraforms Mars withe some of the profits he made mining the old landfills.

I once knew a geologist folklorist who would option old mine site based on the age of the nails. Then he would heap leach. The silver paid for the mining and the gold was free.

I wanted to re-mine and clean up the mercury around the Sierras but the EPA said no.
Anonymous Coward
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Sweden
01/30/2021 10:09 PM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
If you chuck an old cell phone or TV (throw it away), that silver is gone forever and will NEVER be reclaimed.

Some people turn their phones in to be rehabbed, but in many cases old TVs (anything electronic these days) just get chucked.

So, silver is being used as it’s mined and much of that use has a time limit.

Silver will never go to zero - it’s a can’t lose investment.

You will NEVER LOSE IT ALL.
 Quoting: Anonymous Coward 79714459
OU8122

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United States
07/25/2021 02:05 AM

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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
Xrays
OU8122
SpeakerOfDarkSentence​s

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Norway
07/27/2021 10:37 AM
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Re: Here’s an important point about physical silver - it gets thrown away at an astounding rate
There is too much silver being produced. If miners want the price to go up, they need to produce less. Instead of just bitching about how high the price should have been, they should have formed an OPEC-like organization.

Last Edited by Rompehode Frode on 07/27/2021 10:49 AM





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