Silver lows, what's the evidence ?

[kimchi]

I'm really surprised. Before I got into PMs if you'd shown me a 999 ounce silver coin and asked me how much it cost I think with the purity and with the premium for a coin I would have guessed easily over £50. I am trying to work out why I'd think that. I suppose it's the cost of jewellery in general (not that I know much about that) and the fact an 18ct gold ring I got for a birthday decades ago was over a hundred at the time. I would never imagine the GSR could be anything over 10:1, I'd be staggered.

[PansPurse]

I feel a weird bit of cognitive dissonance, silver is too cheap, gold too expensive. I need a PM that's somewhere in between maybe £100/Oz?

[Martlet]

44 minutes ago, PansPurse said:

I feel a weird bit of cognitive dissonance, silver is too cheap, gold too expensive. I need a PM that's somewhere in between maybe £100/Oz?

Looks like Scandium might be about that at $4500/Kg

[captaincavemanjay]

23 hours ago, PansPurse said:

I feel a weird bit of cognitive dissonance, silver is too cheap, gold too expensive. I need a PM that's somewhere in between maybe £100/Oz?

Even stranger that at present the PM that fits in between those two is Platinum, that doesn't seem right somehow?

[KDave]

2 hours ago, captaincavemanjay said:

Even stranger that at present the PM that fits in between those two is Platinum, that doesn't seem right somehow?

Historically it's so very wrong, but it's different this time. We are in the new age of perpetually low platinum prices. 

[captaincavemanjay]

36 minutes ago, KDave said:

Historically it's so very wrong, but it's different this time. We are in the new age of perpetually low platinum prices. 

If Britannia's came in 1/4oz and had the no VAT like Gold has, i'd get a little every year, But for now, Au and Ag suits me, i still got a way to go to get a good stack of both.