Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Sunday, January 31, 2021
Silver Short Squeeze by Reddit WallstreetBets Explained
Silver Short Squeeze by Reddit WallstreetBets Explained
The gold and silver markets have been tamed for decades.
You have to realize that literally every other commodities has a futures market where the price of underlying stock DERIVES value of the futures market. But not on gold and silver, no sir. They made sure that those two have their physical value derived from futures price. So, the price of PHYSICAL silver is what the paper silver traders on futures markets decide.
Yes, its peak clown world, and no you aren’t allowed to touch gold and silver.
Silver has insane short positions against it. This squeezes and it could easily go to $1k.
The ultimate way of course to end the manipulation is to own the physical . Once the bullion banks can’t access physical there will be a monumental short squeeze.
Physical silver has always been on a massive discount because of their futures market shenanigans. Their prices are rigged.
Why Silver?
Apart from the attention from Reddit Raiders, the fundamentals for silver look extremely good and the metal has been undervalued for months.
First off, at its core, silver is a monetary metal. You should be bullish on silver for the same reason you should be bullish on gold. The money printing and the borrowing and the spending will continue. In order to turn bearish on gold and silver, you have to believe the Federal Reserve is actually going to tighten monetary policy and the dollar is going to remain strong. But given the massive dose of monetary heroin the central bank has injected into the economy, the Fed really has no way out. There is no exit strategy from this extreme monetary policy. That bodes well for both silver and gold in the long-term.
Furthermore, silver has been undervalued compared to gold for quite a while. The run-up the last 48 hours dropped the silver-gold ratio below 70 for the first time in a while, but that’s still historically high – meaning silver still has some room to run higher just to catch up with gold.
The silver-gold ratio is the number of ounces of silver it takes to buy one ounce of gold. It has been historically high for months. It climbed to well over 100-1 back in March. We saw the ratio shrink as silver followed its historical trajectory and outperformed gold as the yellow metal climbed above $2,000 an ounce. With the ratio currently over 68-1, it remains historically high. The modern average over the last century has been between 40 and 60-1.
The supply-demand dynamics are also positive for silver.
Silver investment demand hit a 5-year high in 2020. It won’t likely slow in 2021. And while industrial demand took a big hit due to the coronavirus pandemic, it is expected to rebound as the global economy begins to recover.
Silver demand will also likely get a boost from the push toward solar power and other green energy initiatives in the coming years. Solar power generation is expected to nearly double by 2025 according to a report released last summer by the Silver Institute. Even if the global economy recovers more slowly than expected in the wake of the pandemic, green energy demand for silver will likely remain robust. Analysts expect many government stimulus plans will include funding for green initiatives.
On the supply side, mine output fell sharply in 2020. Production was projected to fall by 6.3% to about 780.1 million ounces. The big drop in silver output is largely a function of mine shutdowns due to coronavirus, but mine output was already trending down before the pandemic. Global mine production fell by 1.3% in 2019.
In a nutshell, the GameStop runup is a bit of a head-scratcher, but the Reddit Raiders might be onto something with silver.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
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