We'll see who's laughing when all the zombie-apocalypse preppers realize that there's no such thing as zombies, but they're being overrun by werewolves and vampires...
The drama of it makes me think it's someone with a lot of silver who wants to get people to buy so he can sell at higher levels.
I believe some historians think that in ancient Egypt, back in the third millennium BCE, silver was worth more than gold. The theory was that though gold was scarcer, it was easier to spot. That it took a while for people to figure out that that ugly back rock was actually a lump of silver.
Not in my lifetime that's why we have both. High low high low where they go somebody knows what a crap-shoot. Thanks for the post
Pro: it would be a lot easier for you to carry off. Con: it would be a lot easier for someone else to carry off.
They are very different markets. Besides absolute rarity, what gold has going for it is Asian and Middle Eastern markets ONLY desire gold. They care nothing about silver. Any relationships between prices nowadays is simply accidental.
Completely false. Silver is up about 20% this year while premiums have been a great deal more than 20%. Gold is up 19.85% this year where I have NEVER Paid more than a 6% premium. Who knew the silver crowd would just ignore facts, well everyone who knows the silver crowd knew that. Have to love this here. The silver crowd hand picks the most convenient possible starting point and even with that anyone buying silver is down and anyone who bought gold on that day is up.
They have in fact gone up pretty close to the exact same percentage. GSR ON 1-1-20 Was 85, it's now 84.6. Silver premiums have been insane
LAPS I missed you over in the GSR thread today, a day where Gold went up $16 and silver went DOWN. I'm sure the next time silver goes up a quarter you will be back in.
interesting, i have always liked silver more than gold..if you have 1700 you can buy 1 oz of gold it goes up 1.00 an ounce, you made 1.00, if you buy silver, you can get 106 oz silver, if it goes up 1.00 an oz, you made 106.00 simple ratio (math) lol
anything is possible, at one time aluminum was worth more than gold or silver..(pre electricity days) it was very rare to find in natural form as it needs electricity in large amounts to be made, things change..anyways once an apocylypse hits us..it will be whiskey, women and bullets that are the new rare commodities..you cannot eat gold....