Silver has huge industrial demand and presently the price of one ounce of platinum equals 42 ounces of silver. Gold: 1 ounce gold = 80 ounces of silver.. Down the road when the true ratio of gold/silver comes back (every ounce of gold pulled out of the ground, 10 ounces of silver )...
Platinum used to be the industrial metal and has been replaced by palladium. BS, rhodium is at $13,300/ounce Check grammas jewelry for rhodium bracelets
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If the supply was 100x higher then they wouldn't bother suppressing the price, it'd be as "cheap" as copper or steel. This isn't like diamonds where they suppress the supply to drive up the price.
10years ago began my big silver stack for a couple years, thanks to a couple inheritances. bought cheap slowly sold off higher but kept a reserve. just a regret or two, but just how much is too much silver?? We will ALL find out soon...
Silver has huge industrial demand and presently the price of one ounce of platinum equals 42 ounces of silver. Gold: 1 ounce gold = 80 ounces of silver.. Down the road when the true ratio of gold/silver comes back (every ounce of gold pulled out of the ground, 10 ounces of silver )...
Platinum used to be the industrial metal and has been replaced by palladium. BS, rhodium is at $13,300/ounce Check grammas jewelry for rhodium bracelets 🤔
If the supply was 100x higher then they wouldn't bother suppressing the price, it'd be as "cheap" as copper or steel. This isn't like diamonds where they suppress the supply to drive up the price.
10years ago began my big silver stack for a couple years, thanks to a couple inheritances. bought cheap slowly sold off higher but kept a reserve. just a regret or two, but just how much is too much silver?? We will ALL find out soon...