I am appealing to those more knowledgeable than myself with the following question. If gold and silver were always kept below $1900.00ish or $24.00ish artificially, what has changed? Any help is appreciated.
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While I would love to see those numbers, I just don’t see silver getting that high because that means someone has to be willing to buy silver at that price, and I just don’t see anyone feeling like that is a good buy price. Granted a lot will have changed when we get to that point, so I do acknowledge that change could make it very possible.
To be fair, I think $5-15K would probably be the maximum I can see anyone paying personally (Or at least the maximum I would personally consider), especially since $5K an ounce is the actual value of silver without manipulation (Which has been known by people into silver stacking for quite a few years now), but I won't be super surprised if we see numbers above that.
I hesitate to say $60K an ounce is likely, but It's also not impossible. I look at it like this. Normies have been A LOT more financially savvy the last decade. Well I say savvy, but more like they're literal apes who jump on any chance to "get rich quick". Look at bitcoin and other crypto currencies. I'm not gonna start hating on them in this thread, but people are currently paying nearly $67K a bitcoin as I write this.
And yes I know you can buy bitcoin in portions so not everyone is buying a whole coin, but the same is true of silver. You can get everything from a 1/10 (0.1) oz silver round, to a 10 kg bar.
If you consider FOMO, people panic buying because they think the world is ending, etc. etc. It's not unreasonable to think that Silver (And gold) will temporarily see a sort of "hyper inflated value" where we go from a period of extreme undervalue (what we currently have) to a short period of extreme overvalue.
I'll use pretty much the only real world example we have that's comparable to our current situation. The Hunt Brothers scheme. Just in case anyone reading doesn't know, I'll give a quick synopsis. In the late 70s and early 80s, the Hunt Brothers (a group of Texas Oil tycoon heirs) decided to try and corner the silver market by buying up a majority of the worlds silver. They bought up roughly 9% of the worlds silver supply by using massive amounts of borrowed money.
In doing so, they created a "FOMO" effect among normal people who noticed silver was going up. People started buying into it, hoping that they could get in on the quick rise in silver prices. As a result, supply was greatly constrained while demand kept rising for several months in 1979 leading into 1980.
The end result: Silver jumped from $6 an ounce, to nearly $50 an ounce in less than a year (Just a few months really). More than an 8.3X return.
Now apply that same situation, but also allow for silver to be fully realized in value without the market manipulation of banks and other big institutional investors.
$5K X 8.3= Just under $42K an ounce.
So not quite the $60K number I've seen a few people throw around but still life changing money for silver stackers. Of course most won't hold out until the absolute peak, most big stackers will probably sell at $10-15K or lower, a few greedy ones will hold out to near the absolute peak, and others will crap the bed and lose out entirely.
Of course I'm not saying any of this is absolutely certain to happen. I'm basically counting on silver's REAL value to be realized at roughly $5K an ounce at some point after the cabal is overthrown or a little beforehand. But even then I'm not doing anything life altering like taking out a loan to buy silver nor would I recommend such behavior
I'm just pointing out similar historic context, and applying all the facts as we know for our current situation to make an educated guess of what will happen.
The way I look at it, in an "end of the world" scenario" someone, somewhere, will be dumb enough to buy silver at pretty much any price. No matter how over valued it is, simply because they think it'll be the only currency acceptable in the mad max world, or because they think they can get on the hype train and get rich quick.
It's the same thing that happened with bitcoin, it's the same thing that happened with Tesla, with basically every meme stock and "shit coin", and as I pointed out, it's happened with silver before as well.
Best advice I can give. Buy within your means now while it's low, and when the crap hits the fan, pray to the Lord for guidance on when to sell and go with the gut feeling he provide you with. If things work out, silver stackers could end up rather wealthy, if not just have enough for like a new house or something.