Lower industrial demand, lower silver price?

TreasureHunter

TreasureHunter

Well-Known Member
It's logical that as the global industrial production slows down, the consumption of industrial silver will slip lower. Thus, lower demand will result in lower price.

What do you think about this?

Could it be that this time it's better to focus on gold stacking instead of silver?
 
anyone read The Gold Warriors, by Sterling Seagrave? I read it a decade or so ago and although flawed (his research came up with some impossibilities) he presented compelling narratives about how Japan confiscated gold throughout Asia just as the Nazis looted Europe, and at the end of WW2 huge troves of stolen gold were hidden, often in the Philippines … it's mind boggling. But ever since reading that I harbor a notion that this large quantities of this looted gold can be introduced into the market to control the supply and price - that including the looted gold there's a huge glut, and that people will one day wake up and find their gold to be just worthless (like diamonds are now that they can be manufactured). anyone else have any notions about either hidden glut of gold or gold being no more than a tradition and like the emperor's clothes fundamentally worthless?
 
silvstack said:
anyone read The Gold Warriors, by Sterling Seagrave? I read it a decade or so ago and although flawed (his research came up with some impossibilities) he presented compelling narratives about how Japan confiscated gold throughout Asia just as the Nazis looted Europe, and at the end of WW2 huge troves of stolen gold were hidden, often in the Philippines … it's mind boggling. But ever since reading that I harbor a notion that this large quantities of this looted gold can be introduced into the market to control the supply and price - that including the looted gold there's a huge glut, and that people will one day wake up and find their gold to be just worthless (like diamonds are now that they can be manufactured). anyone else have any notions about either hidden glut of gold or gold being no more than a tradition and like the emperor's clothes fundamentally worthless?
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may be Trump had uncovered it, you know gold is so secret more than nuclear weapons know how
it was true that a lot of gold were taken during Japanese occupations, and the loots of gold were shipped to the islands and hidden and trap doors set in places and buried
many were silent together under the earth
fortunately they never used metal detectors when they visit to collect their yellow rocks
even if the gold is to be used as trade settlement, the US will not last more than 2 years to loose these gold anyway
 
silvstack said:
anyone read The Gold Warriors, by Sterling Seagrave? I read it a decade or so ago and although flawed (his research came up with some impossibilities) he presented compelling narratives about how Japan confiscated gold throughout Asia just as the Nazis looted Europe, and at the end of WW2 huge troves of stolen gold were hidden, often in the Philippines … it's mind boggling. But ever since reading that I harbor a notion that this large quantities of this looted gold can be introduced into the market to control the supply and price - that including the looted gold there's a huge glut, and that people will one day wake up and find their gold to be just worthless (like diamonds are now that they can be manufactured). anyone else have any notions about either hidden glut of gold or gold being no more than a tradition and like the emperor's clothes fundamentally worthless?
Click to expand...

Dear Lord!

Fiat money stripped of backing made gold seem of less worth, but not worthless.

And it's actually fiat's depreciation that makes people turn back to gold.

But what if "something new" appears and takes over fiat's place, drags gold down? That is a possibility.
 
alor said:
may be Trump had uncovered it, you know gold is so secret more than nuclear weapons know how
it was true that a lot of gold were taken during Japanese occupations, and the loots of gold were shipped to the islands and hidden and trap doors set in places and buried
many were silent together under the earth
fortunately they never used metal detectors when they visit to collect their yellow rocks
even if the gold is to be used as trade settlement, the US will not last more than 2 years to loose these gold anyway
Click to expand...

Has anyone seen "He Who Finds a Treasure Finds a Friend"? I loved it.

 
I feel that the industrial demand for silver is just ramping up! For instance, there is on average 20g of silver in one solar panel, and to think solar energy its self is in more demand globally! Just look at how many you see on houses in your street alone. Green energy will consume many millions of ounces in coming years
 
Stop applying logic. You are dealing with people here....................apply supply/demand logic to ostriches in the 90's and you will come to the realisation that greed overlooks all reason.
 
Silver Soul said:
I feel that the industrial demand for silver is just ramping up! For instance, there is on average 20g of silver in one solar panel, and to think solar energy its self is in more demand globally! Just look at how many you see on houses in your street alone. Green energy will consume many millions of ounces in coming years
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Solar panel demand causing spike in worldwide silver prices
https://www.sciencedaily.com/releases/2019/04/190417102750.htm

But also:
Amount of silver needed in solar cells to be more than halved by 2028, Silver Institute says
https://www.pv-magazine.com/2018/07...re-than-halved-by-2028-silver-institute-says/

So, :confused:
 
You can use copper as a mirror too but, it's not as effective as a silver one. Green energy will consume lots of silver When the world starts to go green
 
Oddjob said:
Question to the forum....given the above headline link re RCM looking to ration Maple Leafs, does anyone know who Perth Mint sells silver and gold blanks to...ie major national mints or smaller bullion players....just asking out of interest.
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the blank coins section starts at around 2 mins 30 sec but the video is 10 years old lol

 
Oddjob said:
Question to the forum....given the above headline link re RCM looking to ration Maple Leafs, does anyone know who Perth Mint sells silver and gold blanks to...ie major national mints or smaller bullion players....just asking out of interest.
Click to expand...

You might try asking @bron.suchecki about it Mr. Oddie, after all he was a past aficionado at Perth Mint before a stint @ Monetary Metals U.S.
 
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