Tradefair & Financials
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I sold off most of my holding in the middle of lsat year, a few had a pop suggesting I was doing wrong thing.
Yet still there is no huge move upwards, would you now agree that Silver will only move up with inflation~?
Yet still there is no huge move upwards, would you now agree that Silver will only move up with inflation~?
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The dynamics of the silver market are complex especially when you consider the amount of blatant manipulation that has taken place, and not something I'm particularly interested in educating the lemmings on here (I'm not suggesting you are one of them, they known exactly who they are), but hasn't everything being going up on inflation or inflation expectations (that's money printing for the uninitiated)? So your question is rather moot in my opinion.
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well done money tree.
Silver went nowhere and continues to tread water. |
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J2- you piling into silver today?I see its down to 31.70.
 better cash in you liquor chocs and get some eh? |
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 Mr Ben. Good one.The price might not have moved MT but has the value increased? |
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of course the value hasn't increased. in fact the value has gone down recently. will 1 oz of silver buy you more or less other goods than it would a few months ago? definitely less, as not only has the silver price gone down, but other things have been going up with inflation.
The only way the actual "value" of physical silver will be more than what the paper price says is if the paper silver market or entire monetary system collapses. Unless you are saying there is a huge black market interest for silver where you can exchange a 1oz coin for a new car or tv? |
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Exactly we are in the situation where the gold price has boomed but silvers not, why is that j2?
imo the fact its more of an industrial metal. I will probably sell of my last few kg's and isa the cash, one day if the price crashes ill go in again. |
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The gold price hasn't boomed, you'll know it when it does.
Silver is more manipulated (and easier to manipulate) than gold. There's a ton of information out there on why and how the silver market is manipulated, and how the CFTC has looked the other way. Research it. On the other hand, may be it is possible to dump 75pc of silver's annual production on the market in 10 minutes for a $6 drop in price, and it's all a crazy conspiracy theory.  |
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All I have left now is a 1kg bar 2 1/2 kilo bars and 6 10 troy ounce bars.
Time to bail out. |