Australia's largest stock trading and investment forum Australia's #1 stock forum

SILVER

Click for more information

0.30%

$15.25 silver futures

I absolutely think that Gold and Silver are great things to own...

First 2975 Last

Share
Profile

Follow
Skol

32,984 Posts.

1378

06/09/21

10:03

Post #: 55853853
Share

Originally posted by aldo: ↑

Looks like we will have a positive price movement this week. Unusual price increase on a Monday morning following a big Friday finish is a good set up.
I expect an attempt at a price smash but feel it will not have a lingering impact.
@goldbear77 I like your posts but have to disagree on your stance regarding gold in a crisis. Look at Venezuela to see how .P.Ms fare in an economic meltdown.
to suggest there is value in fiat bonds in an inflationary environment is pretty risky. At a current cost of over 100 million Bolivar per ounce of silver I think you would have to agree that their fiat is not looking too healthy. USA Bonds are yielding less than inflation and only get their value from trading. The world has started to shun these debt instruments.
I absolutely think that Gold and Silver are great things to own in a crisis.

Expand

I absolutely think that Gold and Silver are great things to own in a crisis.
--------

If that's true, in the most destructive war in history, WW2, why did the gold price go down?

The best asset in a crisis is the USD.

Last edited by Skol: 06/09/21
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2,158 more messages in this thread...

First 2975 Last

Add SILVER (COMEX) to my watchlist