What's the future of silver look like to you?

Nearly back to the price it was late last night.... :rolleyes:
it may be less volatile short term than cryptos, certainly has less gains long term = less exciting sorry to say.

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If the silver price is manipulated to the large extent that many stackers claim or believe it is, then why on earth would such stackers think that silver prices would ever go significantly higher....that would necessitate that the manipulation come to a (screeching) halt. But why would it...certainly the manipulators aren't going to somehow magically realize that they were wrong to manipulate?

One way of manipulating the price would be to wait until the silver price rises and then flood the market with silver from stockpiles. Increasing the supply and dropping the prices. But if you don't buy it back then you will eventually run out.

Why would you want to keep silver out of the hands of the people?

Harder to control wealth that you can't see. Easier for people to pass wealth on to the next generation without government interference. Harder for the gov to keep track of what benefits you should have. Harder for the gov or banks to take a cut of your savings. Hence the push towards electronic banking and a cashless society, cuts out secret savings and cash in hand jobs and tax evasion. Silver and gold provide an untrackable alternative to legal tender.


Why would 'they' want to keep the price down?

Govs want you to put your money into the legal tender, that way they can inflate away your money without you ever realising you have been robbed. If silver goes up in value people will be only too happy to have some. If the prices stagnate or rapidly collapse then people will consider it a poor investment or too much or a risk and then will avoid it.

All in all I have enough silver that if it hits rock bottom I haven't ruined my family and if it goes up I will make a decent but not life-changing amount.

The opportunity loss only assumes I would have invested my $ elsewhere, which based on my previous history would have been Star Wars Figures, Lego Sets, Sealed boardgames and Magic the Gathering Cards, so not really much of a loss, even though all of those have made more money than Silver recently.
 
I would rather have a horde of silver not beanie babies or etc when a finically irresponsible government catches financial pneumonia... or worse financial cancer... I’m only starting out in stacking but starting young small and often seems the best way for me to grow
 
If you want a real example of an 'actual' downwards manipulation of 'actual' products then you don't have to look any further than the photos of the supermarkets in the old Soviet Union. One thing that stands out is the fact the shelves were empty. Yes, in theory you could buy potatoes for a few roubles per kg........of course that was cheap......artificially cheap due to manipulation......and unavailable.
Silver is readily available....everywhere.
 
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Look at the chart between 1972 and 1980. This is what gold and silver are going to follow. Interest rates are about to go crazy. This will be the driver.
 
inflation adjusted the gold peak of $1900 was about the equivalent of $200 gold in 1980. So it was nowhere near an all time high in real terms.
 
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Gold is going to have to climb to about $9000 just to match the real high. In fact looking at the two charts together is illuminating.
 
You could have the last silver bar on earth ... but JP Morgan and the big banks set the price ...

Yeh duh. o_O

It’s the same with any good. Prices are set at the margin ie that grey area at the point where the buyer no longer wants to exchange his money for a good and the seller no longer wants to exchange his goods for your money.

If you have the last silver bar on Earth, and you want to sell it. then the price will be determined by the buyer. If you dont want to sell it at the price the buyer is willing to value it at, then it’s irrelevant whether it is the last bar on Earth or not because you’ve made a decision to not meet the buyer at the margin.
 
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