I agree Lovesilver that Plat & Palladium both have other uses as does Silver.
The point that I am making here is that Silver is seen as money and a way to preserve one's wealth whereby Plat&Pall isn't because it is an industrial metal.
When the world eventually turns down again so will Plat and Palladium due to loss of demand due to economic ill health however that is when Silver will hold or go up even further IMO.
The world is travelling in a certain direction and it has been travelling this way for the last couple of years.
I can't see any reason for a directional change unless we have some unforseen miracle that comes out of the clouds and erases global debt that needs to be repaid some way or another??
I see this current situation gaining much more speed in the medium to long term future so whatever you see right now, the direction and trends that are forming in commodities, the DOW, Gold/Silver ratios etc I see as continuing until some sort of equilibrium is achieved in much higher prices of Silver and Gold as well as some other well sought after commodities.
- Forums
- Commodities
- think it won't happen?
I agree Lovesilver that Plat & Palladium both have other uses...
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SILVER (COMEX) to my watchlist
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online