It's well known and openly admitted and lawsuits have been won about manipulation in the precious metals markets.
The low side of the Gold to Silver ratio is about 100 to 1
The high side in history was 10 to 1
So if Gold inches up to $2500 oz... that puts Silver at $250
currently $27 - that might sound mad - until you think into the performance in many other assets, Tesla, Cryptos etc.
JPM, Barclays and all the spooks have gone out of their way to crush silver prices for decades - this is one way we can beat them.
Silver futures are a small market place - we can easily squeeze them out there.....
The Hunt Brothers did it in the 70s but they didn't have the viral power we have.... to get the masses behind them.
Do you even know how to read a chart? Previous metals are a hedge against inflation. Thete is no inflation. I made $50k in paper gains in the market alone last 6 months. No way you could have made that in silver?
Wow, that's completely untrue. Not only is inflation present (all the QE within the last year by the Fed for instance), but it's going to be even worse with commies running the government, good lord. Do you even know what inflation is?
Inflation refers to the lessening buying power of paper money. It doesn't apply to commodities. A silver dime could buy a loaf of bread 60 years ago, and it still can today. So the value of silver hasn't changed much, but the value of paper money has gone down the toilet.
That's the simple explanation. Of course silver is changing a little bit because of growing scarcity caused by irrecoverable losses in manufacturing and the slowdown in mining. But it has changed very little in my lifetime of watching things.
is it worth to buy let's say 1kg of silver ? its far less expensive than gold.
Silver's ratio to gold is totally out of whack right now. It's a bargain compared to gold. Also, being worth less compared to things you want to buy, it's better to have for buying small things, if the SHTF. Gold is better for larger purchases. Think of how money was many years ago. We had silver dimes, quarters, half-dollars, and dollars. And then there were $5, $10, and $20 gold coins. You could buy a loaf of bread for a single silver dime, and it would only take 15 or 20 gold $20 pieces to buy a car.
If you have extra money, then go for the silver. But you need to have everything else squared away first, food & water, defense, tools, communications, etc. Gold and silver are for storing your wealth through a disaster and help set you back up when things get back to normal.
Yea bud, masters in economics here. I own 3 houses free and clear and am sitting on a quarter million in cash. I've done ok, but thanks for your concern.
Why do you show up on the wrong side of everything?
I've been reading charts for decades. You?