PMs are unencumbered tangible fungible fractionable portable durable liquid insurance Silver cheaper than Gold, both precious!! Gold and Silver are elemental with no man-in-the-middle. Join Date Sep Posts 1, Join Date Mar Posts Join Date Jun Posts Originally Posted by rawteam1.
Originally Posted by Carpenter. Join Date May Posts Looked like a big elephant alright. Since May of this year I have been buying physical silver on a monthly basis Cost-Price Averaging This is a much beeter strategy than simply buying all at once. Check Agora Inc on YouTube and see for yourself. I keep out of the money call options for approx 12 to 18 month. Look into it an educate urself as I think when silver pops it will be a quick upward shit an then settle back when JP Morgan dumps there mil oz.
A run to makes u 7 mil. Do people not notice the shift from US per capita income represented as a bell curve prior to and since then has steadily shifted towards a direct downward linear trend. Abandoning the gold standard entirely set up this slow motion train wreck.
Not brain surg nor rocket sci. Is this the right time to sell my silver…. I badly need some cash…. Many here are making a mistake of valuing silver in petrol dollars. The US dollar is an inflationary currency.
Silver is deflationary. Compare silver to the amount of goods or other commodities it will buy with its purchasing power. The us dollar continues to lose value while the purchasing power of silver remains constant. The manipulation will end soon. The elites are shaking out the weak hands by suppressing the value and causing frustration, then scooping it up at rock bottom prices. When their coffers are full, they will manipulate the prices in the other direction to maximize their profits.
The prices can hardly go any lower. You cant price a metal lower than the cost to mine the physical bullion. The miners would simply shut down causing a shortage until the prices move back up. The same thing is happening in cryptos. The smart money realize the dollar is on its way out. So they tell us that gold and silver are outdated relics and cryptos are going to fail. They say, keep investing in stocks.
Be on the right side of this wealth transfer. Be patient for your loved ones. It will be life changing! This can only be put down to serious manipulation. As paper money becomes more worthless day by day,especially third world countries that are so indebted that they will never will recover,and the western world is running in the same direction. In the coming 2 years there will be so much conflict of war and political up evil that world will be in commotion. The next best thing to silver and gold will be food storage,water and essential items that even gold and silver wont be worth talking about.
The world is slowly going into inflation and deflation to the point of no return. Gold and silver will save us to a point and but not in the medium to long term. Silver is now just a monkey metal of little value. As long as central and private banks short silver and gold on the COMEX, their prices wil move within a narrow price band well below their true market value prices.
The only thing that can stop this unlkawful manipulation is war or a global stock market crash. There will be both: such is human nature. Would rather have 10 pounds of silver than 1 ounce of gold anyway…never sell below Silver is going down due to technological reasons: 1. In ancient and medieval history Silver was found in proximity to Gold and because of that it was pegged about 10 to 1 because that is what the mining technology of the ancients until medieval times has produce.
However today we can produce way more silver than before and we can find it where gold is not and because of that Silver is not pegged to Gold 10 to 1 but 80 to 1 today.
Gold will always be scarce and identified with wealth so people will need to choose between gold and Silver. They will chose Gold. The market is stuffed with investment propositions and if you want to get stuck in precious metal you will probably get stuck on Gold or Platinum and such.
Silver coins, bars is already abundant in the investments vaults so why will anybody buy more and more of this metal? Banks and little people already have a lot of it. Time to sell and buy Gold or other opportunities. Too much silver in the vaults already and not very valuable for too long time now.
Silver is being hoarded by J. Morgan and manipulated as they fill their vaults. Who is to say when they will release their illegal control to make billions. No Way! I truly do feel bad for you that you bought it at such a high price.
But I have a question for you did you by rounds and bars or did you buy coins barbers Etc. If you bought the coins then there is a market that you would be able to get your money back I believe. Just food for thought and I hope that one day you get your money back that you invested. There is a second option, but I doubt you would approve, and that is cost averaging. In other words buy even more silver at prices lower than your original purchase price. What this does is brings your average price-per-ounce closer to the current actual price and allows you to reach your break-even price sooner.
I for one use this method of buying more as the price falls and stop as the price rises, that my actual cost per once is lower than the current price, and I can get out at any time without loss, but I expect to make money.
I think your husband was wise to invest but he got in at the wrong time. Since the bronze age, gold and silver have been the kingpin of currency in almost every culture, with their value tied not to scarcity but to the politics of their respective era. Look at the 19th and 20th centuries…because of steam and oil power, more gold and silver were available for use and were now available even to the poorest of people and poorest of countries.
All it will take is a bad twitter comment to come to fruition and silver will see triple digits. But the quality of life will be forever changed for your children and grandchildren. JP Morgan has been the main crook batting 1, with naked paper shorts, but they have over million ounces in physical. The moment they stop shorting, is the moment silver will skyrocket. Regardless, silver is the best investment bargain in the world today. More Videos His risky bet made him a millionaire on paper.
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This represents the bottom of a cycle that gets repeated every ten years without fail. A mining boom causes production to increase and prices to come down which leads to cuts in development spending. Existing mines are tapped out and fewer new mines are developed, leading to a steep drop in mine production which leads to surging prices. Not only is the total supply of silver in question but the sources of mining supply are not nearly as stable as you might think.
Most of these countries, especially those in Latin America, have been slammed by falling currency values and plunging oil prices over the last year.
Besides cutting back on overall development spending, miners are getting out of risky markets like Mexico, Peru and Russia where government resource taxes could be going up to cover budget deficits.
The volatility in mining and employment almost always leads to large scale protests and mine closures as governments fight with mining syndicates over profits. Any sudden stoppages in production could seriously affect estimates for silver supply. The silver market is perennially in deficit with demand outstripping supply by millions of ounces. Investors are already rushing in to buy and hoard their silver in anticipation of higher prices over the next few years.
The silver crisis has already manifested in coin production but is about to get much worse. Mint announced in that it had run out of silver bullion and was forced to suspend production of American Eagle Silver Proof coins. Silver demand is set to increase to 1, million ounces by on its 5-year pace of growth. Even if miners can continue to eke out growth, an unlikely outcome on reduced mine development, the supply of silver is only expected to grow to 1, million ounces through The above-ground inventory of silver stood at 1, million ounces in but more than million ounces of this was held by exchange traded funds ETF.
Removing the silver in ETF storage and using available inventory to offset the annual expected deficit between supply and demand, the global market could run out of silver by The global silver market could be facing a deficit of million ounces a year by
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