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is silver a bargain at $40 ?
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<p>[QUOTE="10gary22, post: 1248320, member: 23626"]pm markets are volatile and subject to wide swings because of the underfunded limited nature of the commodities. The 1980 market, silver was pushed to $50 from $3, dropping back to about $6. Now, someone doubled their money on the $3 silver, but many declared losses of $44. I believe that market was manipulated. The current rise is due to a completely different set of circumstances. Gold has no set ratio to Silver. At one time it was declared at 16:1, but the market never bore that well.</p><p><br /></p><p>I do believe you see a 64:1 or so ratio during more stable times. But silver has moved much more slowly recently likely because of the purchases made by the South Korean govt. ?</p><p><br /></p><p>Me, I am in a holding pattern for a few days yet. Rather miss the wave than to catch it on the wrong side. There is always an opportunity to trade PMs, and greed will mess a guy up. IMHO[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1248320, member: 23626"]pm markets are volatile and subject to wide swings because of the underfunded limited nature of the commodities. The 1980 market, silver was pushed to $50 from $3, dropping back to about $6. Now, someone doubled their money on the $3 silver, but many declared losses of $44. I believe that market was manipulated. The current rise is due to a completely different set of circumstances. Gold has no set ratio to Silver. At one time it was declared at 16:1, but the market never bore that well. I do believe you see a 64:1 or so ratio during more stable times. But silver has moved much more slowly recently likely because of the purchases made by the South Korean govt. ? Me, I am in a holding pattern for a few days yet. Rather miss the wave than to catch it on the wrong side. There is always an opportunity to trade PMs, and greed will mess a guy up. IMHO[/QUOTE]
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is silver a bargain at $40 ?
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