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Three Year Anniversary For Silver

April 4, 2014

As stated in the post “Silver’s 3 year performance worst since 1982 bear market low”. The chart below gives a great picture of the moves in silver (click the chart for an optimum zoom to analyze for yourself).

silver performance since 1982

Click here for the full post.

Discussion
36 Comments
    Apr 04, 2014 04:08 AM

    Ha Cory:
    Does anyone know if the recent deal that Yumana has made, buying into Osisko, would be good or bad for the company and how so??

    Apr 04, 2014 04:12 AM

    silver can go to $4 again

    lesson – stay away from silver.

    go to a casino instead, same difference.

    silver is a psuedo investment

      Apr 04, 2014 04:13 AM

      Not for me, James the Greater!

      Apr 04, 2014 04:35 AM

      ditto ditto distto ditto

      so you saying that silver will drop to 4.00 but it coast near 4 + times that to produce. hmmmm……..I see a problem with that theory

        Apr 04, 2014 04:02 AM

        Mr. Goldman,

        I do too.

      Apr 04, 2014 04:23 AM

      Four dollars is pretty doubtful, James. But the long charts provided do suggest more declines lie ahead. That would not surprise me.

    Apr 04, 2014 04:29 AM

    james….I bet you a cent that it wont…..are you on.

      Apr 04, 2014 04:45 AM

      In Canada you would have to round up to 5 cents or down to zero or pay by credit card or debit. All our pennies have been turned in or are languishing in hidden penny jars somewhere. Haha (;-)

        Apr 04, 2014 04:47 AM

        that will make them highly collectable…………some day, maybe, or maybe not(have I covered all options)

          Apr 04, 2014 04:53 AM

          A buddy and I got as many pennies together as possible and searched through them but the best we found was an American 1914 penny that looks a lot like the modern A penny worth around 5$. You do not see pennies around anymore and some dates like some 1991s are valuable. I have been removing and checking pennies for years and now I am doing nickels, dimes and quarters older than 1990 or so; there are not many of those around anymore either.

          Apr 04, 2014 04:08 AM

          I believe that you have, The Short!

        Apr 04, 2014 04:58 AM

        Dan….Here in the UK , we still have the good old penny….problem is it doesn’t have a very good picture on the front…..I might start a movement to have it changed to something prettier …..like a cows BUM..

          Apr 04, 2014 04:13 AM

          Maybe you can get a pennies worth of methane gas for every fart.

            Apr 04, 2014 04:07 AM

            Dan…Funny…..Im sure the fart who is on it at the moment…produces a lot of methane…..

            Apr 04, 2014 04:07 AM

            I believe that you have found a new and profitable business!

    Apr 04, 2014 04:21 AM

    The above chart looks like a thirty-five year cup and handle.
    Going forward….the purchasing power of the USD is further diluted.
    All things go up in nominal price except silver.

      Apr 04, 2014 04:33 AM

      The real tricky deceit , will be when Morgan, decides, silver should be $1000 per oz., this will be when everyone has given up.
      Gold will be $10,000….and they go back and use the 10 to 1 ratio……, why, because they can

        Apr 04, 2014 04:09 AM

        WHEEEEEEE….Lets hope it happens tomorrow……I will buy James a horse….Just fooling around James.

        Apr 04, 2014 04:18 AM

        THink……about this………….Platinum today $1444 oz…………silver and platinum are both the same color……….so what makes the difference.

          Apr 04, 2014 04:56 AM

          J….Motor Cars !!!

            Apr 04, 2014 04:00 PM

            OH…& posh peoples jewellery…

            Apr 04, 2014 04:03 PM

            hey,,,you are not suppose to tell…. beside, we are going electric (motor cars) after the dollar/oil goes bye bye………….

          Apr 04, 2014 04:28 PM

          Supply?

            Apr 04, 2014 04:17 PM

            AL…..CORRECT…..I was just mucking about..

          Apr 04, 2014 04:37 PM

          Silver was the world’s fiat for thousands of years so the paper manipulators killed it.
          Platinum is much more rare than silver but is not and can never be a threat to the monied elite.