If you ask me, I don’t really care about the silver coin demand side of the equation as speculative demand is the lowest when price is low. People like to buy high and sell Low. The Supply side is more important in the Long run because demand rises and fall but ground supply is fixed, and it is evident that supply is peaking for both gold and silver. The demand for Dow Jones financial stock is the lowest in 2011, but that’s when I bought in. When demand is the highest, that maybe time to dump.
It means something if you're the kind of stacker that is using the GSR as a passive way to compound wealth. Everybody has a number they want to reach for their stack. 1 000 oz, 3 000 oz, 5 000 oz, 50K oz... it's all good. To the Universe it's all the same. I reached mine two years ago. Nowadays, I just check the GSR once a week and will swap some metal if it went up or down a few points. I do the same with Bitcoin/Ripple, oil/gold and NatGas/gold. Compound Interest is still the most powerful force in the universe. Right now it's like flying a plane over the Bermuda Triangle, all the gages are going crazy. You can't mesure nothing anymore, like Leonard Cohen said. Anyone vaguely aware that something big is going on has this confused dog look. The rest just partyyyyy!. When I say silver is a political metal, I mean the price is highly political. Have you been paying attention to what the smart money is doing? What the BIS is saying? If yes, then the next two years won't surprise you. That will tell you more about when they'll let the horses run than anything else. It's the END GAME (that would make a good title for a movie, hehe). Just remember that on the other side, Freedom will be at a Premium. Will you be able to afford it?
Keynesian economics can only last for so long and we are buried under a mountain of debt. They continue to print new worthless money into existence and theres no end in sight. The more they print, the more metals will he worth in the end. The future of PMs looks awesome!
You can print an unlimited amount of money but you can’t print jobs. No use having a trillion trillion if there are no consumers when robots and automation take over the work. Keynesian economics work only when there are consumers.
Theres no shortage of consumers thats for sure. People will spend their last dime if they want the new shiny gizmo haha. Automation has been around for generations and is pretty limited within certain fields. If I pushed a pencil all day or shuffled papers I might be worried. If a computer was the biggest threat to my job I'd be looking for a better more productive job.
Wonder how the price of freedom is calculated (don't ask me after epic fail on calculating Australia's toothbrush landfill per annum)
I remember 2011, when the SilverDoctors and Zerohedge scammers tried to trick people into buying at $32-$50, using record low Comex stocks as argument that a shortage would soon drive up the price to.... let's call it DA MOON. Reality is, as usual with Big Lies, the opposite, dead easy to understand yet equally easy to miss: during times of scarcity, prices ALREADY ARE high, and during times of plenty, prices ALREADY ARE low. This is Comex depositories data for silver: Activity date 15 december 2011 34.084.040 ounces registered. 77.895.005 ounces eligible. 111.979.045 ounces total. Activity date 9 april 2012 26386 29.302.649,795 ounces registered. 110.308.238,305 ounces eligible. 139.610.888,100 ounces total. Activity date 21 february 2013 37.274.685,302 ounces registered. 123.539.163,878 eligible. 160.813.849,180 ounces total. Activity Date: 7/20/2017 37.274.685,302 ounces registered. 175.013.635,651 ounces eligible. 213.447.269,516 ounces total. Activity Date: 7/23/2018 78 908 093,017 ounces registered. 201 899 332,418 ounces eligible. 280 807 425,435 ounces total. Activity Date: 3/27/2019 91.112.339,497 ounces registered. 213.835.643,713 ounces eligible. 304.947.983,21 ounces total. It's now 307 Mounces. Nearly 3 times the 2011 low.
when the price is too attractive, like in high 40+, many fall for it now price is very unattractive, not many want to even look at it there are supply on the stores, not much force in demand
Looks like it's time to head to the BIG SMOKE to get some more silver if this Silver/Gold Ratio holds up overnight.
The future for SILVER STACKERS is looking extremely bright following the closure of the 2nd largest silver mine in Mexico...this article is via Silverdoctors website (favourite of _JOHNLGALT). https://www.silverdoctors.com/silve...cond-largest-silver-mine-suspends-operations/
Perfect song for this thread JG No gamblers No jokers No liers This here's the Last train, it aint ever comming back again. This train is bound for glory nobody can ride it but the righteous and the Holy. I scored some at last week's low ... hope you managed to get on board.
prediction !!! the long awaited price reset of Au and Ag will occur some time before the end of June 2019.....
Making predictions like that only leads to disappointment when it doesn't happen, and it makes you look foolish. I've been there.. It's coming, there isn't any rush, Gold will take it's rightful place as the world monetary standard, but putting time frames on it when there is no way you could possibly know is just silly IMO There is a plan in motion, and there are LOTS of other things that need to happen before the restructuring of the financial system. Timing is everything. Trust the plan