Is ‘triple digit silver’ inevitable? How could the price ever go that high? Join Mike Maloney and his guest Keith Neumeyer for an in-depth look at the silver market, and why they both believe that silver is the most undervalued asset on the planet. This is Part One of a two-part discussion, make sure you are subscribed so that you don’t miss Part Two (coming soon).
TRIPLE DIGIT SILVER - Why 2 Experts Believe It Is Inevitable
| Source: | https://goldsilver.com/blog/triple-digit-silver-why-two-experts-believe-its-inevitable/?utm_campaign=20200922_Mike_Video_Newsletter_Triple_Digit_Silver_Two_Experts&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius |
| Published: | Sep 22, 2020 |
| Author: | The GoldSilver Team |
| Post Date: | 2020-10-07 13:43:16 by BTP Holdings |
| Views: | 1648 |
#1: noone222 To: BTP Holdings (#0)
noone222 posted on 2020-10-07 14:31:41 Reply Private Reply
#2: BTP Holdings To: noone222 (#1)
Yes and silver is one metal that is consumed. So its supplies are getting extremely limited, and more so as time passes. The prices are being suppressed by the bankers such a JP Morgan. Sooner or later the price will explode. Time will tell. ;)
BTP Holdings posted on 2020-10-07 14:35:14 Reply Private Reply
#3: StraitGate To: BTP Holdings (#2)
Silver's low price argues otherwise.
StraitGate posted on 2020-10-07 15:08:47 Reply Private Reply
#4: BTP Holdings To: StraitGate (#3)
The price is manipulated, just like the Federal Reserve manipulates the money supply. ;)
BTP Holdings posted on 2020-10-07 17:27:21 Reply Private Reply
#5: Pinguinite To: StraitGate (#3)
The official price is the price as determined from the paper markets so its distorted. We do see the shortage at the current prices through the fact that miners will not mine primarily for silver, but for other metals like copper, and the silver they extract as a consequence of mining silver is what goes to market.
It has been successfully manipulated. JP Morgan was busted not long ago for silver manipulation for many years, though the fine they paid is a drop in the bucket compared to what they criminally extracted from the market. And of course, none of the fine goes to compensating those they defrauded.
Pinguinite posted on 2020-10-07 18:12:05 Reply Private Reply
#6: Esso To: BTP Holdings, 4um (#2)
We should know by 2225. I'm not planning on being around by 2025.
Esso posted on 2020-10-07 19:12:53 Reply Private Reply
#7: BTP Holdings To: Pinguinite (#5)
It is the fraud that hurts the most. ;)
BTP Holdings posted on 2020-10-07 20:06:47 Reply Private Reply
#8: Lod To: Esso (#6)
Lod posted on 2020-10-07 22:02:00 Reply Private Reply
#9: StraitGate To: Pinguinite (#5)
Are you, like BTP, under the impression that silver "supplies are getting extremely limited"? If so, why?
StraitGate posted on 2020-10-07 23:04:52 Reply Private Reply
#10: Pinguinite To: StraitGate, BTP Holdings (#9)
As far as silver supplies go, compared to gold, silver has more industrial uses. It is more plentiful but not tot the extent that he price ratio suggests. The basic thinking is that as industry demands use up supply, the price has to go up. That argument does admittedly run contrary to the idea that price manipulation is artificially suppressing the price.
As to the question of Silver supplies "becoming extremely limited", I can't speak to that in any detailed way or authoritatively as I'm no miner and not in the industry. The Covid lockdown would, I expect, have quashed industrial demand for silver just like everything else. Once the lockdown is lifted and things can get back to normal, demand for silver (and everything else) will go up which should reasonably put pressure on prices to rise.
Pinguinite posted on 2020-10-08 01:10:45 Reply Private Reply
#11: NeoconsNailed To: Nobody (#0)
NeoconsNailed posted on 2020-10-08 04:04:15 Reply Private Reply