Silver will drop soon, then will go up

Discussion in 'Silver' started by TreasureHunter, Apr 7, 2021.

  1. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,695
    Likes Received:
    828
    Trophy Points:
    113
    Location:
    Treasure Island
    An interesting video by Uneducated Economist:




    He believes that silver's price decrease will happen. I agree that silver will come down.
    Temporarily the dollar is gaining strength.

    I think that there's a possibility for silver to take a dive this year and sink down to 17-18 $. My next thought is about what trick dealers will invent for not ending up in loss - so I think we will see high premiums for a long time.

    Even now, the premiums are obscene. But I think if silver goes lower and if it stays there for long enough, premiums might come down as well.

    What are your thoughts on this?
     
    spannermonkey likes this.
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,640
    Likes Received:
    2,777
    Trophy Points:
    113
    Location:
    Melbourne
    Only paper silver will drop in price. You will see physical "shortages" like we saw at $11 USD, high premiums at dealers, and increased physical demand.

    As always, this will be a way to flush out weak hands, push cash into ETFs, and delay the inevitable rise of physical silver.

    The paper-physical price divergence will be a critical element moving forwards from the 2020 crash
     
    norman_h, Shaddam IV, sgbuyer and 2 others like this.
  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    3,842
    Likes Received:
    1,934
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    ^^^
    True..especially small sizes, less than KG, where premiums are sky high.
     
    66rounds likes this.
  4. ozcopper

    ozcopper Well-Known Member Silver Stacker

    Joined:
    Jul 17, 2009
    Messages:
    17,585
    Likes Received:
    3,928
    Trophy Points:
    113
    Location:
    Australia
    I truly believe silver will drop then rise and drop again and rise again and......
     
    Jason1, Shaddam IV, paruwka and 5 others like this.
  5. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    1,706
    Likes Received:
    764
    Trophy Points:
    113
    Location:
    straya
    drop then rise you say? truly astounding analysis, almost like you can see the future.
     
    Silverling, Jason1 and 66rounds like this.
  6. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    3,842
    Likes Received:
    1,934
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    ozcopper IS the future...
     
    whay and 66rounds like this.
  7. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    4,267
    Likes Received:
    5,498
    Trophy Points:
    113
    Location:
    Oz
    [​IMG]
     
    Shaddam IV and 66rounds like this.
  8. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,199
    Likes Received:
    5,404
    Trophy Points:
    113
    Location:
    House Corrino
    The internet does my head in. Everyone is a pundit.
     
    Jason1 likes this.
  9. Jason1

    Jason1 Well-Known Member

    Joined:
    Aug 9, 2019
    Messages:
    1,177
    Likes Received:
    1,318
    Trophy Points:
    113
    Location:
    Qld
    you forgot to include SIDEWAYS..................... lol
     
  10. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    3,695
    Likes Received:
    828
    Trophy Points:
    113
    Location:
    Treasure Island
    If gold has finished the correction, then it will impact silver as well. If this is the case, I don't expect cheaper silver soon.
     
  11. norman_h

    norman_h New Member

    Joined:
    Feb 20, 2021
    Messages:
    26
    Likes Received:
    23
    Trophy Points:
    3
    Just like Palladium.
     

Share This Page