Silver Prices in Australia

Hello Dr. Jeffrey Lewis.

I had a great week.
Oh I love your emails, thank you very much.
Ok I am in Australia. on 16th April, I purchased 2 x 1kg bars silver for AUD $785 each or about US $ 824 I think that is US $23.30 ounce............... Gold AUD $ 1373. Or US $1441. , I think I calculated at .$1.00 cents = $ 1.05 US.
ON 18th 5kg bar of silver was $3664 AUD, about $21 AUD per ounce.
Gold $1370. AUD.
I got there at the most opportunistic times on both days.
All physical purchases.
I would not want to drop a 5 kg bar on my toe.
I hope you won your bet.
I felt I was a winner.
Best Regards.
Jeff

Comments for Silver Prices in Australia

Average Rating starstarstarstarstar

Click here to add your own comments

Oct 23, 2015
Rating
starstarstarstarstar
Reply NEW
by: Anonymous

Silver is about $22 at time of response Gold $1610.
Divide 1610 by 22 =73.18 The normal ratio is 40 to 1 that implies silver should be about $ 40.25 an ounce its undrevalued currently.. Look at Gold to silver ratios in a google search.

I hope this makes sense.

If gold goes to $3000 people will flock to silver, silver at a ratio of 40 to one will take silver to $75.

3000/1610 = 86 % profit
Silver 75/22 =240% profit

Oct 23, 2015
Rating
starstarstarstarstar
Gold NEW
by: Anonymous

I hope that was a great deal! Why only silver? I believe gold is more profitable these days. At least I read about it at researchpaperwritings.org .

May 25, 2013
Rating
starstarstarstarstar
Durchases 21/5/2013 NEW
by: Jeff

Follow up.
I got a 3 kg bar of silver at spot + 5% a pretty good deal as dealers are currently selling at spot + 16%
I picked up a 1 kg but that was $ 805 spot plus 8%
I will buy as much as I can up to $30 before I stop to asses where I am at.

I read it costs $30 to get from the ground and refined.





May 25, 2013
Rating
starstarstarstarstar
Durchases 21/5/2013 NEW
by: Jeff

Follow up.
I got a 3 kg bar of silver at spot + 5% a pretty good deal as dealers are currently selling at spot + 16%
I picked up a 1 kg but that was $ 805 spot plus 8%
I will buy as much as I can up to $30 before I stop to asses where I am at.

I read it costs $30 to get from the ground and refined.




Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Comments.

The #1 Reason to Own Silver Now?

Feedback from readers...
"Silver Coin Investor is cutting edge and has it all...the value I receive from your website and The Lewis and Mariani Silver Letters is far, far greater than the small subscription cost. I am finding that I don't need any other source for silver research and knowledge. Thanks Jeff. I mean that.
Vic (UK)
"I find any information I can learn about investing in silver interesting. Your website and e course have taught me a few things I didn’t know. You’ve provided some good reading and links about something I love as a hobby and my and my family’s future. Thank you"
Dennis - Mount Sterling, Kentucky
"I've been reading on silver on many sites, I find your information more practical and straightforward and full of content, thanks".
Xavier - Barcelona, ESP
"Your website and E-Course helped provide a different take on the metals".
Paul - Beckley, West Virginia
"I appreciate the educational aspects of your website/e-course. Your course has helped to reinforce my decision to purchase more silver".
Spencer R. - Loomis, California
"I appreciate your sharing your vast knowledge with those of us who are learning about the potential for silver investing".
Thomas - Peoria, Arizona
"I have a very busy schedule and your course updates keep me focused on the "silver strategy"
Bob M. - Kitchener, Ontario
"I've read your articles on Market Oracle and I appreciate the clarity in your writings. You confirm what I believe, that silver has a huge upside and if patient will pay off".
Ken - Littleton, Colorado
"Well it helps confirm my conviction that silver is far better metal to invest in than gold or any of the other metals because of its monetary, medical, and industrial uses. So it really has a realistic unrecognized potential that I feel the gold bugs overlook. I read and research a lot of different sources and you help me stay balanced in my approach. Thanks for the course and keep up the good work!"
Bill - Columbus, Ohio
"This course and website is slowly restoring my confidence as an investor in silver. At one point I was ready to unload it all at rock-bottom prices. Since I've read the letter I've held on.
Kim - Saint Thomas, Ontario
Thanks for making it all free and very simple.
Jim - Kingsland, Georgia
"The E-Course is very upbeat and has helped me to feel more confident about the future of Silver!" -
John J. - Harrisville, New Hampshire