silver $5 first or $20 first?

MsMorrisine

$5

blitzdude

Could you please clarify, are we talking paper or physical price?

I don't think we will be able to buy physical at that price but the paper puppets certainly may take it there.

MsMorrisine

paper

OPA

$20

derryb

apparently spot price is becoming irrelevant.

jmski52

$20

Baley

The physical price depends on how pretty and neat and rare and cool is the metal object, the Quantity of the deal, local availability and demand, as the major determinants of value/price.

These are going up, generally

1000 oz bars and 5000 oz contracts will depend on producer/consumer decisions and gambling bets.

These are going down, generally.

Baley

I'm referring to aggregate forces... the motivations of individual entities will of course vary in space and time.
The increasing price spread will remain confusing for some..
.. some will undoubtedly call it conspiracy.

jmski52

Baley, it's just an either/or type question, lol.

ttown

I’d say that stock market folds in half before either occurs

If 5 bucks occurs gold is around $300

asheland

I still think $20 will come before $5

derryb

I still think it doesn't matter. Physical silver, for now, has its own price mechanism.

derryb

gold just climbed $80, it's larges one day gain. See, QEver does work.

Higashiyama

$20 is a certainty at some future date, $5 less so. I’m definitely a buyer at $5.

GRANDAM

$20