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silver $5 first or $20 first?

MsMorrisineMsMorrisine Posts: 33,738 ✭✭✭✭✭
in Precious Metals

$5

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • blitzdudeblitzdude Posts: 6,194 ✭✭✭✭✭

    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™.
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  • MsMorrisineMsMorrisine Posts: 33,738 ✭✭✭✭✭

    paper

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • OPAOPA Posts: 17,131 ✭✭✭✭✭

    $20

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 37,218 ✭✭✭✭✭

    apparently spot price is becoming irrelevant.

    Repetition of ignorance is ignorance raised to the power two.

  • jmski52jmski52 Posts: 23,032 ✭✭✭✭✭

    $20

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    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

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    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

  • jmski52jmski52 Posts: 23,032 ✭✭✭✭✭

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

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ttownttown Posts: 4,472 ✭✭✭
    edited March 21, 2020 9:45PM

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

    If 5 bucks occurs gold is around $300

  • ashelandasheland Posts: 23,427 ✭✭✭✭✭

    I still think $20 will come before $5

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  • derrybderryb Posts: 37,218 ✭✭✭✭✭

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

    Repetition of ignorance is ignorance raised to the power two.

  • derrybderryb Posts: 37,218 ✭✭✭✭✭

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

    Repetition of ignorance is ignorance raised to the power two.

  • HigashiyamaHigashiyama Posts: 2,210 ✭✭✭✭✭

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

    Higashiyama
  • GRANDAMGRANDAM Posts: 8,603 ✭✭✭✭✭

    $20

    GrandAm :)
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