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silver $5 first or $20 first?
MsMorrisine
Posts: 40,004 ✭✭✭✭✭
MsMorrisine
Posts: 40,004 ✭✭✭✭✭
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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™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
paper
$20
apparently spot price is becoming irrelevant.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
$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.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
gold just climbed $80, it's larges one day gain. See, QEver does work.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
$20 is a certainty at some future date, $5 less so. I’m definitely a buyer at $5.
$20