Why Is Silver so Sluggish? - ABC Bullion report 28 June 2019

Discussion in 'General Precious Metals Discussion' started by Oddjob, Jun 28, 2019.

  1. Oddjob

    Oddjob Well-Known Member Silver Stacker

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  2. bron.suchecki

    bron.suchecki Well-Known Member

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    Thanks mate. I thought about covering the ratio and when to overweight into silver after reading this on https://www.silverstackers.com/forums/index.php?threads/gsr.91307/page-2#post-1087923

     
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  3. JOHNLGALT

    JOHNLGALT Well-Known Member

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  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    If past trends are still valid, Silver needs a recession. If you look a the chart, since the 1960s, silver bull market starts after a recession (greyed vertical bar) almost without fail. Take note of the 2000-2001 recession after which Silver started the huge bullrun beating gold and all other asset classes with it's easily 6 or more folds appreciation over a 10 year period. If silver were to go up 6 folds today, we should be looking at $80 silver. But there's also a chance that silver will correct to a lower low during a recession as it has done in 2008 before the final shoot up.

    https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

    [​IMG]
     
    Last edited: Jun 28, 2019
  5. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Yeah, charts in MANIPULATED MARKETS(?) they always work, don't they?
     
  6. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Open minded.... have a read first.
     
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  7. bron.suchecki

    bron.suchecki Well-Known Member

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    If both metals are equally manipulated, then it doesn't affect a ratio chart.
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Still in the early stages. Wait till there is a real crisis, when gold is $2500 an oz, not many people can afford, they will buy silver instead. Silver is affordable even if it costs $100 an oz.

    The pandora stores in town having good business, gold is too expensive so husbands are buying silver jewellery for anniversaries. The fashion trend is towards silver jewellery. Gold Jewellery might be too expensive and risky to wear in public in the future.
     
    Last edited: Jul 3, 2019
  9. alor

    alor Well-Known Member Silver Stacker

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    [​IMG]

    there are 1/10th or even 1 gram bars etc
    it was the old argument, that statement is not correct

    there are spreads costs

    many times been compared 4 metals

    1.Palladium widest
    2.Platinum
    3.Silver
    4.Gold the narrowest spread
     
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