What events NEED to occur for Gold/Silver to reflect TRUE VALUE?

[Luker]

I'm sure if I did months and months of research I'd get an idea, but for those of you who may know, what events will need to occur for gold and silver to reflect its true value?

I read about how Chase and Goldman Sachs manipulate the price of Gold and Silver. If all this is going on, then what exactly needs to occur for gold and silver to show its real value? If everyone knows that these banks are manipulating prices, how is it still going on?

Someone please shed on me some light. Maybe I can help expedite the process of bringing these metals to its true value!!

...depletion of aboveground stockpile of silver ounces to near zero, and we would get a pretty good idea pretty fast. If one assumes that number to be 2 billion ounces, and that there are 1 billion people comprising the First World nations, then ~ 0.2% of those (2 million individuals) would be required to swallow the red pill and eventuate in each purchasing (on average) 1000 oz of silver (or 2% of the population each purchasing 100oz , would also work).

 

[Aurora et luna]

Gold is roughly $1,500 an ounce. Shares are heavily overpriced but currently reflect a good investment through small dividends and high capital gains. Should the markets collapse and everyone loses 50% of the value of their portfolio, the ounce of gold is still worth $1,500 but everything around it is only worth half as much. That is the true value of precious metals.

or what is more likely gold will too drop 50%

Absolute tripe
Maybe Sammysilver should use your asinine comments in his signature

 

[Golightly]

Fall of banking system, they are the grand manipulators.
Actually watching something late last night about how JPM has amassed the biggest physical silver stack in history.

They will wanna take it to moon one day.

 

[Golightly]

Reflect its true value

It's true value will be decided by the LBMA cartel daily!

For gold, twice a day at 10:30 and 15:00

For silver 12 noon.

Exactly, and who says it's not manipulat ed again??

 

[Peter]

In the gfc in 2008, gold fell.
Big corporations sold their gold to cover their bad bets.
Expect the same thng to happen again, and then to rise rapidly

 

[Slam]

The event that needs to occur is the masses waking up and realising the fiat currency system that is currently in place and how broken it is.

As with all things, prices will be determined by what people will pay. Everyone is rushing to houses, so naturally this inflates and becomes more expensive to acquire. Same with shares in the pass, bitcoin and other bubbles.

All it takes is for the masses to start piling into gold/silver for the price to take off. Its as simple as that. What will make them do that is any ones guess.

Slam

 

[raven]

I'm sure if I did months and months of research I'd get an idea, but for those of you who may know, what events will need to occur for gold and silver to reflect its true value?

I read about how Chase and Goldman Sachs manipulate the price of Gold and Silver. If all this is going on, then what exactly needs to occur for gold and silver to show its real value? If everyone knows that these banks are manipulating prices, how is it still going on?

Someone please shed on me some light. Maybe I can help expedite the process of bringing these metals to its true value!!

It's simply put in just three words .......... "loss of confidence" !

As that is what's only backing fiat.

 

[wrcmad]

Reflect its true value

It's true value will be decided by the LBMA cartel daily!

For gold, twice a day at 10:30 and 15:00

For silver 12 noon.

Exactly, and who says it's not manipulat ed again??

Both of your minds have been manipulated. :lol:
Learn how the LBMA fix works, and then explain to me how it is manipulation?
I expect crickets ....

 

[Golightly]

Reflect its true value

It's true value will be decided by the LBMA cartel daily!

For gold, twice a day at 10:30 and 15:00

For silver 12 noon.

Exactly, and who says it's not manipulat ed again??

Both of your minds have been manipulated. :lol:
Learn how the LBMA fix works, and then explain to me how it is manipulation?
I expect crickets ....

I'm at work on my phone.... But.... aside from the many current investigations into price manipulation Even the word 'fix' points to false pricing, 3 blokes getting on the phone and deciding what's it value is rather than free market decision. Not getting into HFT
And so on..
It been found that the BoE had beem trading in the futures market, if you could call it a market when the people that print the money start using it on the 'open market' it's no longer relevant. Just another extortion.

So your saying they rig Libor , Forex, interest rates, but not metals? Oh accept from the time the rigged Aluminum..
Ah and copper... But not gold of course.. roll eyes faCe

 

[wrcmad]

Exactly, and who says it's not manipulat ed again??

Both of your minds have been manipulated. :lol:
Learn how the LBMA fix works, and then explain to me how it is manipulation?
I expect crickets ....

I'm at work on my phone.... But.... aside from the many current investigations into price manipulation Even the word 'fix' points to false pricing, 3 blokes getting on the phone and deciding what's it value is rather than free market decision. Not getting into HFT
And so on..

No, that is not how the fix works.
Again, I'd suggest you educate yourself about the LBMA 'fix' before jumping to conclusions. Then try and explain to me how it is manipulation.

 

[mmissinglink]

All it takes is for the masses to start piling into gold/silver for the price to take off. Its as simple as that. What will make them do that is any ones guess. Slam

That's no different really from saying all it takes is for the masses to start piling into 8-track tapes for the price to take off. It's as simple as that. It must feel euphoric to muse at such wild propositions without caring much to even posit a plausible real world scenario where this could possibly happen. Keep in mind, it was YOU who stated "the masses", not I.





.

 

[Luker]

"...Unanswerable as to an exact date, and almost near impossible as to a reasonable window of time. Almost none of all the experts in the PM community foresaw the extent of the decline from the highs
over three years ago, and since 2013 and 2014, almost none called for the recent lows
currently prevailing. [There may always be one or two, but we do not know who they are.]

When the fiat Federal Reserve "dollar" finally loses its status as the world's reserve
currency, gold and silver will have then begun to make an upward price adjustment or
will begin to make the upward adjustment, and all who paid much higher prices for gold
and silver will stop whining about price...."

Excerpt above from Edge Trader Plus (Gold And Silver Very Strong Indirect Reasons To Buy PMs.
Posted on January 10, 2015 by admin ):

http://edgetraderplus.com/market-co...ilver-very-strong-indirect-reasons-to-buy-pms

 

[wrcmad]

Reflect its true value

It's true value will be decided by the LBMA cartel daily!

For gold, twice a day at 10:30 and 15:00

For silver 12 noon.

Exactly, and who says it's not manipulat ed again??

Both of your minds have been manipulated. :lol:
Learn how the LBMA fix works, and then explain to me how it is manipulation?
I expect crickets ....

 

[Court Jester]

Gold is roughly $1,500 an ounce. Shares are heavily overpriced but currently reflect a good investment through small dividends and high capital gains. Should the markets collapse and everyone loses 50% of the value of their portfolio, the ounce of gold is still worth $1,500 but everything around it is only worth half as much. That is the true value of precious metals.

or what is more likely gold will too drop 50%

Absolute tripe
Maybe Sammysilver should use your asinine comments in his signature

he can use what ever he likes

it HAS dropped by a significant margin in the past during a GFC

so your tripe comment is tripe

 

[Slam]

All it takes is for the masses to start piling into gold/silver for the price to take off. Its as simple as that. What will make them do that is any ones guess. Slam

That's no different really from saying all it takes is for the masses to start piling into 8-track tapes for the price to take off. It's as simple as that. It must feel euphoric to muse at such wild propositions without caring much to even posit a plausible real world scenario where this could possibly happen. Keep in mind, it was YOU who stated "the masses", not I.

.

What I have said is true really. I mean I don't know how you are taking it. But as with all bubbles in history its people piling in funds into an asset class driving the price sky high. What we do know is that if more and more people buy into it and hold, the price is bound to go up. How much longer, what other factors that will make this happen is all speculation. The matter of fact is no one knows, maybe the metals are true value now.

As for the events, again it could be anything from a currency collapse, to exposed manipulation (if it exists), exposure that fort knox has no gold (if its gone), maybe a gold backed currency being release or the general population being much more aware than they are now.

Everything is a wild guess, which is why my words used are "if", "maybe", "anything".

If you want something concrete, your just kidding yourself, if you claim you know then your kidding yourself more. No one knows other than those that control it from the top.

Slam

 

[rara200284]

Thank you guys for posting. I do feel more confused now though.

I like watching Mike Maloney's videos. I remember he posted a video I believe stating that Silver's real value is about current value x 250. He states its value to be either $5,000 or $7,000 USD / troy oz

 

[SpacePete]

Thank you guys for posting. I do feel more confused now though.

I like watching Mike Maloney's videos. I remember he posted a video I believe stating that Silver's real value is about current value x 250. He states its value to be either $5,000 or $7,000 USD / troy oz

Did he state his reasons why?

 

[rara200284]

I don't remember, I believe price manipulation. I'll try to find the video.

 

[SpacePete]

I like watching Mike Maloney's videos. I remember he posted a video I believe stating that Silver's real value is about current value x 250. He states its value to be either $5,000 or $7,000 USD / troy oz

Think about this:

We know the all-in costs to mine and refine silver by various producers. It ranges from $8 to $15, maybe a little more or less depending on various factors.

For silver to trade at $5000 to $7000 per ounce would require collusion amongst all producers to ensure no one undercut anyone else. The profit margin would be incredible.

You'd basically need some system in place like Debeers uses for diamonds to maintain a level of artificial scarcity.

 

[Caput Lupinum]

I don't remember, I believe price manipulation. I'll try to find the video.

Of course, because there's no logical reason