Correct. That's why it's a hedge. It's against a. Collapsing current y that we invest in silver in particular. That's why I'm waiting for it to dramatically increase.
Silver mining is relatively cheap and abundant. I expect the price to drop and stabilize in the $20’s when huge supply hits the market and the bubble pops
Not that much silver comes from silver mines, it's mostly a byproduct of other mining. So the price is very often detached from a theoretical silver mine increasing production in response to silver prices. I'm going to guess that $200 is more likely than $20 but both are easily possible.
Correct. That's why it's a hedge. It's against a. Collapsing current y that we invest in silver in particular. That's why I'm waiting for it to dramatically increase.
It is real money.
Up to 48.97 just now,measured in fake money.
The guy on And We Know is predicting that silver will hit $140/oz sometime next year. How bad off will the US dollar be?
Current articles explaining silvers future rise in price.
https://archive.ph/lv4FF
So how high can we reasonably expect SLV (or the real thing) to go?
Silver mining is relatively cheap and abundant. I expect the price to drop and stabilize in the $20’s when huge supply hits the market and the bubble pops
So when drops to the 20s, good time to stack if you haven’t yet.
Thanks M!
Not that much silver comes from silver mines, it's mostly a byproduct of other mining. So the price is very often detached from a theoretical silver mine increasing production in response to silver prices. I'm going to guess that $200 is more likely than $20 but both are easily possible.
Is that why the supply of silver has not been enough to cover the demand for the last five years???