Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Metals on the Move
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 25740158, member: 68"]<a href="https://www.jpost.com/business-and-innovation/precious-metals/article-826085" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.jpost.com/business-and-innovation/precious-metals/article-826085" rel="nofollow">https://www.jpost.com/business-and-innovation/precious-metals/article-826085</a></p><p><br /></p><p>I've been saying exactly this for 45 years ever since they rigged the market to break the Hunts. Nobody listened. I said there would be a day of reckoning when silver suddenly was revalued and it would shake every market. I said that the longer it took the more dramatic it would be. I never thought it could go until there was actually a continuing silver deficit and the gold/ silver ratio was over 80: 1. </p><p><br /></p><p>Silver consumption is at the very bottom of a parabolic increase and most of the physical silver in the world has been wasted and it not recoverable because of the short sighted behavior of people profiting from its destruction. </p><p><br /></p><p>The price of silver will be a limiting factor on the human race until we can either mine the seas or asteroids. Unfortunately, if and when the seas can be mined the price of gold will collapse because it is far more plentiful in the sea than in the ground. Any silver mining will return a great deal of gold in, I believe, about a 1: 4 ratio. ie 1 Oz gold to 4 Oz silver. </p><p><br /></p><p>There will be more uses for silver every year for a very long time.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 25740158, member: 68"][URL]https://www.jpost.com/business-and-innovation/precious-metals/article-826085[/URL] I've been saying exactly this for 45 years ever since they rigged the market to break the Hunts. Nobody listened. I said there would be a day of reckoning when silver suddenly was revalued and it would shake every market. I said that the longer it took the more dramatic it would be. I never thought it could go until there was actually a continuing silver deficit and the gold/ silver ratio was over 80: 1. Silver consumption is at the very bottom of a parabolic increase and most of the physical silver in the world has been wasted and it not recoverable because of the short sighted behavior of people profiting from its destruction. The price of silver will be a limiting factor on the human race until we can either mine the seas or asteroids. Unfortunately, if and when the seas can be mined the price of gold will collapse because it is far more plentiful in the sea than in the ground. Any silver mining will return a great deal of gold in, I believe, about a 1: 4 ratio. ie 1 Oz gold to 4 Oz silver. There will be more uses for silver every year for a very long time.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Metals on the Move
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...