Interesting article about silver price trends.

Discussion in 'Bullion Investing' started by sakata, May 6, 2018.

  1. sakata

    sakata Devil's Advocate

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. baseball21

    baseball21 Well-Known Member

    Nice advertisement. LOL to anyone who believes those
     
    Last edited: May 6, 2018
  4. sakata

    sakata Devil's Advocate

    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.
     
  5. baseball21

    baseball21 Well-Known Member

    Seriously? Did you not read it?
     
  6. -jeffB

    -jeffB Greshams LEO Supporter

    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.
     
  7. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    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."
     
  8. sakata

    sakata Devil's Advocate

    Probably the greater fool theory. Those who put their money in silver ETFs will lose it all if the totals are ever called in.
     
  9. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    :) 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.
     
    Richard gladfelter likes this.
  10. baseball21

    baseball21 Well-Known Member

    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
     
  11. Seattlite86

    Seattlite86 Well-Known Member

    Great explanation. You made some really salient points here. *eye roll*
     
  12. baseball21

    baseball21 Well-Known Member

    I did actually
     
  13. CoinBlazer

    CoinBlazer Well-Known Member

    Ok kids let's play nice:wacky:
     
  14. Clawcoins

    Clawcoins Well-Known Member

    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
     
  15. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    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.
     
    crazyd likes this.
Draft saved Draft deleted

Share This Page