Message:

<p>[QUOTE=&quot;JJK78, post: 1622048, member: 19207&quot;]While I know some history, I am not familiar with the problems of past physical markets so can&#039;t really comment on those.&nbsp; I agree that the ETFs give much more liquidity, but my problem is with how much they are able to trade with relation to the physical market.&nbsp; The ratios are far far out of wack.</p><p><br /></p><p>Straying off topic a bit... Gold I am not really worried about, it has been cherished and hoarded pretty much forever... used primarily for jewlery and storing/preserving wealth, lots to go around... </p><p><br /></p><p>Silver on the other hand not so much... It is has been used and abused throughout history, most of the strategic stockpiles have been used up.&nbsp; The US used to have 5,000,000,000 ounces of silver but that is all gone, thanks in part to the American Silver Eagle program!&nbsp; Silver has over 20,000 uses and growing especially with todays technologies CONSUMING more and more.&nbsp; Industry eats up almost 500,000,000 ounces a year from solar panals to silver-nanocide (I just made that word up, not sure the technical term <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> )to keep your socks from stinking.&nbsp; Investors have been buying physical silver at a 50+ to 1 ratio to gold, yet it only comes out of the ground at a 15-1 or so pace, and they sell the paper at a 100-1 ratio... </p><p><br /></p><p>So first off it is really hard to believe it is only $32/oz, but when so much can be bought and sold without having any actual metal moving that is frightening, especially with companies like Apple who could eat up a large portion of the silver market and stockpile it to make sure the iPhone27 isn&#039;t delayed.&nbsp; </p><p><br /></p><p>I am sure gold will go up and keep pace with inflation and more... but I am a silver bug and firmly believe we will see supply and demand reign down with great vengance and furious anger!</p><p><br /></p><p>That brings a funny thought to mind... from Pulp Fiction... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p>Brent = Silver ETFs</p><p>Jules = Supply and Demand</p><p>Marsellus Wallace = Physical silver</p><p><br /></p><p><a href="http://youtu.be/czb4jn5y94g" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://youtu.be/czb4jn5y94g" rel="nofollow">http://youtu.be/czb4jn5y94g</a>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in