Actually, no. It's only "falling" with respect to photography, every other use is increasing. And, solar is in it's infancy, with respect to the past 30 years, and the next 30 years. What part are you not getting...silver is uncoverable (try recovering silver from clothing, phones, medical use, photographs). It's the single best conductor of electricity in a growing global market (increase of a billion people every 8-10 years or so). It's a limited resource. It's being depleted. Investors are investing...because it's being depleted, and they (us) know this.
It went higher today... surpassed 20 $ (I was amazed!) and I thought it might even hit 21 $... Will see how it behaves tomorrow and next week
Maybe i'm misunderstanding what a permabear is My thinking is it's someone who's always a bear. Am I correct? If anyone thinks i'm a permabear according to my definition, they would be wrong. However I do think we are in a silver bear market at this time. Until industrial demand picks up,I think it will continue.
Here's what a "permabear" is: Yes, someone who's always a bear. One has to be born a bear to understand how it is. It's fate
Personally, I have never encountered in any stacker or coin forum I've ever been on, a permabear....I don't think it exists. I certainly have come across many permabulls, like the nutballs who claim that right now, buying silver at up to $99 an ounce is a smart investment. The permabulls are always screaming "fire", "fire" "silver is on fire and it will go to a million dollars an oz tomorrow!" These are people who are either snake oil salesmen or people who know nothing about why the spot price is where it's at and why it is not going anywhere close to where most of them claim. While I'm still bearish on silver, there's nothing unrealistic about this and I am confident that my patience will be rewarded.
Permabears have never wanted to buy -- they're unknown here. Permabulls have never wanted to sell -- they're common here. Currently I'm an impermabear. Three years ago I was an impermabull.
indeed there are they cant see the forrest for the trees silver will be sideways for 10-15 years at least
Why would silver go sideways for 10-15 years? That's crazy! Any reasons for that from the Gold Coast?
Why do you feel this way? Maybe because it's dropped from $49 to $18? Pretty easy to be "bearish" when that happens. But, your "industrial demand" argument doesn't hold water. What was the industrial demand since $49? What was it when it rose 500% a few years ago?
I hate to break it to you but a lot of that $49 price tag was a speculation bubble that had nothing to do with supply & demand.. I hearby submit todays price of $20 as my proof along with the ability to buy 1000 oz comex bars with free delivery at 49 cents over spot to also dispel the paper/physical decoupling argument.
