SILVER 0.30% $15.25 silver futures

The biggest short squeeze in the world?, page-2852

  1. 1,674 Posts.
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    Personally I'm a goldbug but not a silverbug - I don't invest in any silver at all apart from silver mined as a byproduct.

    Silver is abundant. Silver is mostly produced as a byproduct from mining other metals. Rarely are mines viable as pure silver plays. Roughly 70 - 80% of silver is mined as a byproduct mainly from lead / zinc / copper mines and a lesser extent gold mines.

    And of course the price difference says it all. That alone says it all. David Morgan's silver bomb thesis or any other skyrocketing silver thesis is a terrible thing to bank on. There are plenty of stocks or cryptos that 5 or 10 bag all the time which makes silver a poor choice for a 5 bag or whatever bag. Silver has been useful as practical money in the past as legal tender but in a world of fiat gold or property is the way to go. Silver and gold are lumped together but they are nothing alike.
 
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