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

milled said:
that is pretty bold, vc

Yes the GSR is near or at ATH. But, does this mean anything?
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It means something if you're the kind of stacker that is using the GSR as a passive way to compound wealth.

Everybody has a number they want to reach for their stack. 1 000 oz, 3 000 oz, 5 000 oz, 50K oz... it's all good. To the Universe it's all the same.

I reached mine two years ago. Nowadays, I just check the GSR once a week and will swap some metal if it went up or down a few points.

I do the same with Bitcoin/Ripple, oil/gold and NatGas/gold. Compound Interest is still the most powerful force in the universe.

Right now it's like flying a plane over the Bermuda Triangle, all the gages are going crazy.

You can't mesure nothing anymore, like Leonard Cohen said. Anyone vaguely aware that something big is going on has this confused dog look. The rest just partyyyyy!.

When I say silver is a political metal, I mean the price is highly political. Have you been paying attention to what the smart money is doing? What the BIS is saying?

If yes, then the next two years won't surprise you. That will tell you more about when they'll let the horses run than anything else.

It's the END GAME (that would make a good title for a movie, hehe).

Just remember that on the other side, Freedom will be at a Premium.

Will you be able to afford it?
 
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Keynesian economics can only last for so long and we are buried under a mountain of debt. They continue to print new worthless money into existence and theres no end in sight.
The more they print, the more metals will he worth in the end.
The future of PMs looks awesome!
 
JohnnyBravo300 said:
Keynesian economics can only last for so long and we are buried under a mountain of debt. They continue to print new worthless money into existence and theres no end in sight.
The more they print, the more metals will he worth in the end.
The future of PMs looks awesome!
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You can print an unlimited amount of money but you can’t print jobs. No use having a trillion trillion if there are no consumers when robots and automation take over the work. Keynesian economics work only when there are consumers.
 
Theres no shortage of consumers thats for sure. People will spend their last dime if they want the new shiny gizmo haha.
Automation has been around for generations and is pretty limited within certain fields. If I pushed a pencil all day or shuffled papers I might be worried. If a computer was the biggest threat to my job I'd be looking for a better more productive job.
 
https://insights.abnamro.nl/en/2018/12/silver-outlook-silver-has-seen-the-worst/
We think that silver prices have seen the low and we expect higher prices from now. For a start, we expect the US dollar to weaken and US Treasury yields to decline in our forecast horizon. Silver prices tend to rally when the US dollar and US Treasury yields are lower. Moreover, we expect a recovery in the Chinese yuan and also a recovery in the Indian rupee. This will brighten the demand outlook for silver prices. Even though silver prices are expected to outpace the recovery in the yuan and the rupee, the rise in silver price denominated in yuan and rupee is still manageable. In the years ahead we expect higher industrial demand and higher jewellery demand for silver. Our positive outlook for gold prices should also support silver prices. Last but not least, investors are very negative on the silver price outlook. Speculative short positions in silver are extremely large, while long positions are modest. As a result, speculators are net-short silver. This has only happened on a number of occasions since the inception of the data. In other words: it is exceptional that the speculative community is net-short silver.
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valuecreator said:
It means something if you're the kind of stacker that is using the GSR as a passive way to compound wealth.
It's the END GAME

Just remember that on the other side, Freedom will be at a Premium.

Will you be able to afford it?
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Wonder how the price of freedom is calculated (don't ask me after epic fail on calculating Australia's toothbrush landfill per annum)
 
Coins A-Z said:
In the US....

premiums are extremely low for many silver bullion coins and generic bars and rounds - apparently there's a great surplus of silver on the market....
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I remember 2011, when the SilverDoctors and Zerohedge scammers tried to trick people into buying at $32-$50, using record low Comex stocks as argument that a shortage would soon drive up the price to.... let's call it DA MOON.
Reality is, as usual with Big Lies, the opposite, dead easy to understand yet equally easy to miss: during times of scarcity, prices ALREADY ARE high, and during times of plenty, prices ALREADY ARE low.

This is Comex depositories data for silver:

Activity date 15 december 2011
34.084.040 ounces registered.
77.895.005 ounces eligible.
111.979.045 ounces total.

Activity date 9 april 2012 26386
29.302.649,795 ounces registered.
110.308.238,305 ounces eligible.
139.610.888,100 ounces total.

Activity date 21 february 2013
37.274.685,302 ounces registered.
123.539.163,878 eligible.
160.813.849,180 ounces total.

Activity Date: 7/20/2017
37.274.685,302 ounces registered.
175.013.635,651 ounces eligible.
213.447.269,516 ounces total.

Activity Date: 7/23/2018
78 908 093,017 ounces registered.
201 899 332,418 ounces eligible.
280 807 425,435 ounces total.

Activity Date: 3/27/2019
91.112.339,497 ounces registered.
213.835.643,713 ounces eligible.
304.947.983,21 ounces total.

It's now 307 Mounces.
Nearly 3 times the 2011 low.
 
when the price is too attractive, like in high 40+, many fall for it
now price is very unattractive, not many want to even look at it
there are supply on the stores, not much force in demand
 
Looks like it's time to head to the BIG SMOKE to get some more silver if this Silver/Gold Ratio holds up overnight.
86.735.JPG
 
Perfect song for this thread JG

No gamblers
No jokers
No liers

This here's the Last train, it aint ever comming back again.

This train is bound for glory nobody can ride it but the righteous and the Holy.

I scored some at last week's low ... hope you managed to get on board.
 
Number 47 said:
Perfect song for this thread JG

No gamblers
No jokers
No liers
This here's the Last train, it aint ever comming back again.
This train is bound for glory nobody can ride it but the righteous and the Holy.
I scored some at last week's low ... hope you managed to get on board.
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Monday week is the next time I board 'THE SILVER TRAIN'.
Hi-Ho Silver, Number 47.
 
prediction !!! the long awaited price reset of Au and Ag will occur some time before the end of June 2019..... :)
 
Making predictions like that only leads to disappointment when it doesn't happen, and it makes you look foolish. I've been there..
It's coming, there isn't any rush, Gold will take it's rightful place as the world monetary standard, but putting time frames on it when there is no way you could possibly know is just silly IMO
There is a plan in motion, and there are LOTS of other things that need to happen before the restructuring of the financial system.
Timing is everything.
Trust the plan
 
Your right JG ....

Silver at 86 to 1 and $21.40 AU is a absolute bargain.

If the RBA drops it's interest rate then were another step closer to mooning ... they're loosing control of the fiat at an ever increasing rate.
 
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