silver $5 first or $20 first?
MsMorrisine
Posts: 33,091 ✭✭✭✭✭
MsMorrisine
Posts: 33,091 ✭✭✭✭✭
MsMorrisine
Posts: 33,091 ✭✭✭✭✭
Comments
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.
The whole worlds off its rocker, buy Gold™.
paper
$20
apparently spot price is becoming irrelevant.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
$20
I knew it would happen.
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.
Liberty: Parent of Science & Industry
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.
Liberty: Parent of Science & Industry
Baley, it's just an either/or type question, lol.
I knew it would happen.
I’d say that stock market folds in half before either occurs
If 5 bucks occurs gold is around $300
I still think $20 will come before $5
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I still think it doesn't matter. Physical silver, for now, has its own price mechanism.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
gold just climbed $80, it's larges one day gain. See, QEver does work.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
$20 is a certainty at some future date, $5 less so. I’m definitely a buyer at $5.
$20