Looks like Silver has no reason
Soldi
Posts: 2,177 ✭✭✭✭✭
To rise in price as demand in industry is reporting a recession. This according to the euro university [youtube] economist.
What do you all think
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Comments
Link?
I knew it would happen.
Certainly, the most overhyped "commodity" of our lifetimes. RGDS!
China buying all of LATAMs unrefined silver at refined prices before it is even pulled from the gound. LATAM Mining Co.
Gutter metal? LOL
"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
I can't believe that you still follow Zerohedge.... what a waste of everyone's time.
For those who who put muzzles on their info input:
The original source
As in most cases, ZH is simply commenting on and sharing what comes across their unfiltered screen. You would be wise to take in and even consider differing views that your conditioned news radar (Pavlov's dogs?) misdiagnoses.
"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
When the pandemic hit in 2020 , I talked my wife into using her “free” government money for silver. Silver was $13. A bar came in and I paid $1200 for it. She wanted to sell it back for spot, It would still be $1200 in the bank, or worse: already spent.
Today’s price $2802., or in that vicinity. Tell me the reason why silver is unreasonable or why it has no reason ? No…. Tell her and she can explain it to me because I am slow.
I can't believe that you still follow Zerohedge.... what a waste of everyone's time.
I’ve found both Chris Markus and Vince Lanci to be knowledgeable AND credible. Please provide some kind of detail that you believe suggests otherwise.
(Other than the fact that you don’t know who either of them is, and have never listened to any of their interviews or analyses.)
I knew it would happen.
Cherry pickers R us. Let her know she would have done much, much better with the SLV. THKS!
So credible that they can't even seem to predict which direction the sun will rise tomorrow morning. Stack on. RGDS!
The sun does not rise nor does it set. It does its job in a perfectly still sphere. The world 🌎 revolves around the sun giving us the illusion of rise and set.
Therefore where we garner information and determinate, find it worthy to post, must becoming from thought gleamed from words written or spoken.
So far? Everyone is add to the thread quite nicely.
Sun rise Sun set is like:" Hi how you doing?" NOBODY CARES
it's just a figure of speech
The sun casts a longer shadow, as time goes on.
SLV leaves a paper trail
Not really I once took eighty 100 ounce bars for a kilo of wildwood flower
**> Sun rise Sun set is like:" Hi how you doing?" NOBODY CARES **
Exactly, not sure of your point? What I do know is the gutter metal, "NOBODY CARES™". The world, universe, "Merica, Au all continue to print RECORD HIGHS. The gutter......not eVeN CLoSe! RGDS!!
Point......Ag nobody cares.
Seems to bounce up $4 down $4.
never doing anything, no breakout
Seems to me a poor investment. I don't take to the end of USA currency, brics etc and Silver for purchasing scenarios Regards
silver is not for bartering (unless you are a prepper) or an investment (unless you are a speculator); it is simply cheap dollar insurance. More QE and lower FED funds rates are about to prove this to be true.
"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
I use silver and gold as money; like checks, pay pal , cash, bitcoin or corn. It is a free choice. Where is the reasoning power with a closed mind ? Use it wisely. Exercise your free will.
Better still: Take this challenge . Buy a ten ( or 100 preferably) ounce bar and put the same amount spent into. Six month CD at the bank. Check value of account and spot price after 6 mos. Hurry, before it goes up $4.
What is this "wildwood flower"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
A song, a joke. Levity not real.
As far as two sides a coin is concerned in my OP I relayed , posted, said Euro university seems to think the falling price of commodities including SILVER is a significant sign of weakness in the economy. CLOSED MIND?
Lighten Up !
Double post.
"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
I got the joke. And speaking of wildwood flower, I bought a practically new Taylor made guitar , played and signed by the writer of “wildwood weed” ( Jim Stafford ) in the shop. Sometimes I get wood products too. People collect the strangest things. Go long on gold. Not Acapulco
Peace sells...but who's buying?
Knowledge is the enemy of fear
I'm buying back.
I have been buying below $30 and expect silver to get to $35 before October.
I expect the Fed rate cut and pivot discussion today (that you have wanted the Fed to do all year) to get the price back up fast.
My US Mint Commemorative Medal Set
silver is not for bartering (unless the Fed succeeds in destroying the economy and the middle class) or an investment (unless you are a speculator with a brain) it is simply a beautiful hedge against the Fed. More QE and lower FED funds rates are about to prove this to be true.
FIFU
I knew it would happen.
I DONT BELIEVE IN BARTERING NOR WILL IT TTT AKE PLACE
NO FED CUTS TODAY
The fed will announce its intentions, but do nothing
The market has already priced in short to mid-term rate cuts other than the Fed funds rate.
The Fed tends to follow the market, not lead it. The market already shows significantly lower near-term rates than last year. Even if they don't change the funds rate today (which I think they should do to match the 6-month rate), the ball is already rolling downhill. Intentions matter.
My US Mint Commemorative Medal Set
Dramatic interest rate drop, in just a few days. Crypto, gold, and silver down as well. Bonds are/were a great short-term trade. Mercury went into retrograde...bad economics for a few weeks if you are into astrology. LOL
My US Mint Commemorative Medal Set
And the online bullion dealers are still selling at bargain price! You can still get silver at melt, and I just saw VG pre-1921 Morgan Silver dollars for $28.95 each. So perhaps bullion dealers are expecting further price drops?
Well, after today's carnage on wall street and in the metals arena what next?
Dive toward $24 per ounce?
Gold?
Any opinions
Gold to 2600
Silver to 28 then 26 then 28.5 then 27 then 28.75 then 26.5
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Sounds about right to me!
Silver set to soar on Samsung’s solid-state battery breakthrough – analysts
"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
Interesting derryb. 600 mile range for EVs with the batteries.... and 9 minute charge time!? That's almost scary; that is a lot of power flowing in a very short amount of time.
But if the technology does take off, then certainly sounds very positive for silver.
China hoarding silver, price 10% higher than West
"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
9 minute charge time!? That's almost scary; that is a lot of power flowing in a very short amount of time.
And how long will the batteries last under those conditions?
I knew it would happen.
per the link:
600-mile range and a 20-year lifespan and 9-minute charge
a typical EV battery pack containing around 200 cells for a 100 kWh capacity could require about 1 kg (35.274 ounces) of silver per vehicle
"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
silver is still better than holding dollars, silver is known to make parabolic moves up,which it will do towards the end of the current currency crisis, for reference, look at 1980 and 2011
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The amount of silver needed per cell is unknown and the article disclaimer was that the 1 kg figure per vehicle was a guess.
There is no infrastructure currently for a 600-mile 9-minute charge. But even if current charging stations are used (40 minutes maybe), the solid-state silver-carbon batteries would still have a big advantage over current battery technology: longevity (the number of charge-discharge cycles in the life of the battery); and energy density (the weight of the battery and total energy storage for longer driving range). Such batteries could make electric aviation and "flying cars" viable.
.
There is no battery on planet earth that requires 1KG of gutter metal. More made up BS by the gutter pumpers. THKS!
Silver is neither cheap nor expensive at $30.
Expect to see $50 by year end though as trillions of free dollars search for a home.
I'll be back to gloat.
There is no battery on planet earth that requires 1KG of gutter metal. More made up BS by the gutter pumpers. THKS!
Hmmmmmm....................now you're a technical whiz kid? It seems likely that the number of cells can be adjusted to the application, so 1 kg is quite likely if need be.
I knew it would happen.
So if silver went to $100/oz then that's $3500. At what price would this "technology" be cost prohibitive?
Knowledge is the enemy of fear
The gutter is very expensive at these levels. Nobody even wants the crap. Current mining is a byproduct of copper extraction. You should be hoarding the copper in your bunker, not the gutter. LOL! RGDS!!
gutter scientist
"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
If $80K for an Infinity SUV is not cost prohibitive. . .
"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
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That is just stupid
If nobody wanted it, it wouldn't be "expensive".
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Current commonly-used EV batteries (which are not solid-state) are pretty expensive already.
A typical electric vehicle battery currently costs about $150 per kwh (kilowatt-hour).
Most such batteries are about 50 kwh, so $7,500 for a typical lithium-ion car battery.
Silver-carbon batteries might not cost a lot more than that. A Samsung article from 2020 indicates the anode might only require a silver-carbon layer that is 1/200th of a millimeter thick. To calculate how much silver that would be, the surface area of the anode must be known, as well as how many anodes does the battery pack have. An average-sized "medium" pouch cell might have an anode surface area of 4,000 square mm. That would be 20 cubic mm of silver-carbon per anode. If half of that is carbon and the other half silver, then the silver portion would be equivalent to 10 cubic mm or 0.01 cubic cm per cell.
However, a typical battery pack for an electric vehicle could have 1,000 or more cells. That would result in a silver volume of 10 cubic cm for the whole pack. So roughly 100 grams of silver (3 troy oz) per vehicle.
Note that a Tesla Model S battery contains 60 kilograms (60,000 grams) of lithium.
Do they make an electric version?
What are the annual sales?
That's an ugly vehicle.
Knowledge is the enemy of fear
All those EVs out there and yet the price if lithium is lower than 5 years ago.
Knowledge is the enemy of fear