A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006. Now a Popeyes fast food restaurant on Google Maps.

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Entry from August 22, 2012
Gold’s Little Brother (silver nickname)

Silver has been called “gold’s little brother” because it’s much cheaper than gold. The silver nickname of “gold’s little brother” has been cited in print since at least 2007.
 
Silver has also been nicknamed “the people’s money” (since 1885), “poor man’s gold” (popularized in the 1970s), the “common man’s metal” (since 1986) and the “devil’s metal” (since 2010).
       
 
Real Cent Forum
pencilvanian
Posted - 01/31/2007 :  18:30:40
(...)
(Silver price manipulated, or investors looking at the white metal as gold’s little brother, not worth bothering with? Silver bias still exists since the low price and percieved oversupply keeps silver relegated as the poor man’s gold. What will silver’s future hold when government sales and scrap supplies dry up?
Anybody want to take a guess?)
   
Seeking Alpha
Risk Perception Has Changed - Weakness Ahead
By Joey Keasberry
September 10, 2007
(...)
Silver may be behind, but gold’s little brother will probably catch up in the coming months.
   
iStockAnalyst
How You Can Win With Silver
By Jim Nelson
March 17, 2009 12:50 PM
(...)
So, if gold is too expensive, where can investors turn? Well, there’s always gold’s little brother…
 
Silver is not commonly thought of as an inflationary hedging tool. That is, until times get tough. And I don’t think you can find too many times tougher than right now.
     
SafeHaven
Silver and Gold: Is the 2009 Top Already In or Was That Just a Local Top?
By: P Radomski | Sun, Sep 27, 2009
(...)
The final outcome of this situation depends on how situation develops on other markets, with the USD Index being the most important one at this point. I will get back to this market later in this essay, but for now let’s take a look at gold’s little brother - silver.
     
Silver Investor Community Discussion Forums
What’s up with silver?
Cup-of-Ruin
11th November 2009, 16:15
(...)
Silver is Gold’s little brother, where Gold is going Silver is going, they share the same physical properties, so look at the ratio - the ratio, it won’t be too long before more people begin to realize there is a discrepancy in the ratio of the reserves between silver and gold, silver needs to rise at least 3-4 times to reach any sort of equalibrium with it’s big brother, that’s for starters, that will happen, your buying silver now at at huge discount, now you can speculate how long this discount will last, but it does not appear to be a matter of years, more like a matter of months before silver starts to move rapidly higher.
 
22 June 2010, BusinessWeek:
Silver, ‘Gold’s Little Brother,’ May Advance to $23
By Kim Kyoungwha June 22 (Bloomberg)—Silver may surge to as much as $23 an ounce next year, the highest price since 1980, ...
   
Financial Sense
Why You Should Have Silver in Your Portfolio
As Well As Gold

BY JERRY WESTERN
11/15/2010
(...)
Gold is known as the ultimate form of money; the king of money. Silver is generally thought of as gold’s little brother or ‘Poor Man’s Gold’.
   
eSilverprices.net
Warren Buffett trashes gold, but what about silver?
Posted by Silver Guru on Feb 11 2012
(...)
Sometimes referred to as gold’s little brother, silver has also acted as a hedge against uncertainty and fiat currencies. Furthermore, its industrial use is far from being lifeless.
 
LewRockwell.com
August 22, 2012
Gold’s Little Brother Is Talking
by Stewart Thomson
321 Gold
(...)
I view silver primarily as a currency. Gold is the ultimate currency, and I think silver is best viewed as “gold’s little brother”.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • Wednesday, August 22, 2012 • Permalink


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