Silver getting a walloping, it's grossly overpriced. Down...

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Skol

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29/10/20

07:59

Post #: 48475757
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Originally posted by jamfu11: ↑

won't go as far to say silver will be the new currency but you can't ignore the potential in silver.
Demand is increasing for many reasons, such as it being required for many new technologies and increased investor sentiment. All while supply of silver hasn't, and won't change, especially at the rate that demand is. This is fundamental supply and demand that will lead to further driving up of the price. Then if we talk about the immense amount of fiscal spending and government debt, leading to the money printing machines working overtime. And the amount of contracts that require physical silver that simply does not belong to them will lead to investors offering their silver at premium prices to meet obligations. all of which will drive silver up. And you don't have to trust me on this, but look at what all the big banks and financial institutions are doing, holding onto their silver very very tightly.
Free to sit on the sidelines though x

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Silver getting a walloping, it's grossly overpriced. Down 4.1%.

Which banks own silver, any proof? And I mean real proof, not something from one of the PM 'experts'.

Silver's now in a bear market.

Last edited by Skol: 29/10/20
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Silver getting a walloping, it's grossly overpriced. Down...

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