Believe or not as you wish, but it is worth reading. http://silverseek.com/commentary/coming-silver-supply-crunch-worse-you-know-17240
Please explain that comment. Where is the advertising? It is from a well known site and quotes a company which is notoriously bearish on silver.
Ah, Silverseek. I check metal prices on Coinflation, and they're forever linking to Silverseek articles. It's really easy to pull a price history for silver, and see the periods where it's gone up or down. It would be very interesting to sample Silverseek articles from those same periods, and compare the number saying "silver is going to go UP UP UP" to the number saying "silver is going to go DOWN DOWN DOWN". Spoiler alert: I don't think there are many of the latter.
I love this....although I do not understand the logic. It seems to say, stop buying silver bars and coins but buy ETFs (and options by association)?? "What most investors hear is that silver demand is down. And yes, coin and bar sales fell 52% last year, ending up at approximately the same level as 2007. But demand for ETPs (exchange-traded products, including ETFs) remained near all-time highs, as the data shows."
Probably the greater fool theory. Those who put their money in silver ETFs will lose it all if the totals are ever called in.
And as a Queen once said " Let them eat silver" . Amazing all of the bullion dealers use ETFs and Option markets to maintain their market, and so one day, there is no silver available for their calls because the hoarders have it all, so they close down and take their millions and billions and buy property, and banking firms until the hoarders have to sell it to buy survival needs. But everyone has their own concepts of the market.
Agreed. Buying metals from someone desperate to trade their metals for dollars while telling you metals will rise and dollars don't matter is a fool theory
I couldn't get past the standard click-bait verbage So the wife in a short skirt is a guarantee on date night ?? and be careful about silver and solar. They're using aluminum and copper now more and more as a replacement. last year the aluminum replacement started ramping up. https://www.bullionvault.com/gold-news/silver-solar-011120173 although there's many articles thinking silver will spike in price, such as ==> https://economictimes.indiatimes.co...d-year-on-solar-push/articleshow/62332435.cms
Peter Spina, owner of goldseek.com and silverseek.com has been writing repeated warnings of hyperinflation for year AFTER YEAR AFTER YEAR, going back to the top of the market in 2011. He NEVER changes his view - the dollar is doomed and metals are where it's at. A broken clock is right twice a day, but Peter is 0 for the last 7 years.