Buying gold & silver?
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Soldato
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Its ok we bought Euros instead. We still have a lot of gold, it belongs to other countries who pay a fee to keep it here 
About 16 months ago I had a bit of a glut of cash, and I bought 2 tubes of 25 sovereigns telling myself it can't be as bad as the 0.00000000000001 interest rates on saving accounts anyway (before taxes!). Cost was around 20k, and I looked this morning and it is now 41k.
OMG. Literally more than double the value. My wife thinks I'm a genius
OMG. Literally more than double the value. My wife thinks I'm a genius
I took a few good chains to the local gold pawn shop this weekend due to the high price currently. Couldn’t believe when they offered me a grand! Things had been in the cupboard for years and had no intentions of wearing. However, once sold it did make me think about the ever increasing price of gold. probably a good investment overall if you play the long game.
Associate
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you would have most likely got another 20% if you sold to a good online gold buyer. When i was looking the prices for high street buyers was a joke.
You need to approach bullion dealers or places that specialise in the buying and selling of silver/gold. This isn't blanket as some of those will pay more than others. Never go into cash converters or the like.
To be honest, I was expecting around 500 quid, so I can’t be disappointed.
10 days later that 30% is currently 52%
Soldato
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Currently at $101..Looks like Silver could hit $100 today.
Madness, I was buying when it was £16 an ounce. ive not bought it for volumes, ive bought it just to collect.
still gutting i didnt buy more though.
That aged like fine wine, now it has reached 43k, in a week. Seems every time Mr Orange open his mouth, +100.
Soldato
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Terrible investment mate, should have listened to DP
Soldato
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Gold is so long term the movement deserves monthly bars.
Gold mines can take a decade to establish, Im waiting on one that's up near 20 years and it has gold its not maybe but its so big it wont be into profitable production for years I guess and who has time and money to pay bills for so long unprofitably.
The pay off has to be gigantic, so I hope not by my own view but the dynamic of the market I think gold and by extension probably silver has further to go long term.
Commodities can definitely sell off 40% sharp rollercoaster style, 2011 is a good study in caution.
Links via AI on silver plating in solar etc:
rough idea being copper might be a substitute
I like that this thread is an old one because that first page is far more like the correct context, ten years minimum. I think these markets have giants footsteps and we're standing inside just a single footprint of its movement.
Gold mines can take a decade to establish, Im waiting on one that's up near 20 years and it has gold its not maybe but its so big it wont be into profitable production for years I guess and who has time and money to pay bills for so long unprofitably.
The pay off has to be gigantic, so I hope not by my own view but the dynamic of the market I think gold and by extension probably silver has further to go long term.
Commodities can definitely sell off 40% sharp rollercoaster style, 2011 is a good study in caution.
Links via AI on silver plating in solar etc:
How Much Silver is in a Solar Panel? - APMEX
This Answer explores the silver content of solar panels, how they are made, and some of the implications of industrial silver use.learn.apmex.com
Solar module prices lagging behind soaring silver costs
Solar manufacturers are facing rising cost pressure as silver paste now accounts for up to 30% of total cell production costs. OPIS analyst Hanwei Wu tells <b>pv magazine</b> that module producers currently have limited ability to raise panel final prices, which is accelerating efforts to...www.pv-magazine.com
What Percentage of the Total Solar Panel Value Is Typically Attributed to the Silver Content? → Learn
Silver, despite its small weight, contributes significantly to material value, often 10-15% or more, making it a key economic driver for recycling. → Learnesg.sustainability-directory.com
rough idea being copper might be a substitute
Samsungs new solid sate silver batteries will more than take over any solar reduction in demand - factorys are being built now for mass roll out in 2027.
Each EV battery would need about 1kg of silver, and thats just for cars, i don't even know if they will eventually make their way into all electonic devices.
Each EV battery would need about 1kg of silver, and thats just for cars, i don't even know if they will eventually make their way into all electonic devices.
Soldato
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Same, although I don't see that happening in my lifetimeIf it gets to £1000/oz i think i can retire