So once silver isn't shorted and they let silver go loose, how much will an ounce of silver be, say 5 years later? I'm trying to understand the value of silver because from what I've been seeing, a lot of people are saying it will be "sky high". I feel it's heavily exaggerated but like I said, I would like to know how much will it be 5 years later, in terms of "sky high" once silver isn't shorted.
Additionally, would it be wise to sell gold to get more silver? I was gifted a very small amount of gold that I was holding on to once gold goes off, but if silver will fetch more in value over gold, I'd trade gold for silver.
If you bought $1900 dollars of Gold and $1900 of silver 5 years ago. Today you would have approximately $4,400 gold and approximately $7,700 in silver.
Spot hit 69.420 and yes I have the screenshot.
Kek
I been trying to get that all night Prophesy fulfilled!
420.69 next year is on my bingo card.
Smelt em if you got em
I like that prediction… a lot 🤣
fabulous
i bought 50% gold and 50% silver. both are doing well but i wish i would have bought more ounces of silver now.
If you had bought Gold five years ago, it was about $1900 an ounce. Today's price is 4,430.80. I think Gold is the best investment.
No, silver is where you want to be. It has been shorted for decades and prevented from reaching its natural value.
Historically, silver and gold has been priced at a 10:1 ratio.
Just a couple months ago the ratio was 100:1.
Today it is at aprox 70:1. So, silver is gaining value against gold.
For example:
Gold is at $4,415.20 / ounce, it is up $69 today
Silver is at $68.85 / ounce, it is up $1.53 currently.
If you sold 1 ounce of gold, you could buy 64 ounces of silver.
64 x 1.53 = $97.92
So, today you would have made $28 more on silver.
So once silver isn't shorted and they let silver go loose, how much will an ounce of silver be, say 5 years later? I'm trying to understand the value of silver because from what I've been seeing, a lot of people are saying it will be "sky high". I feel it's heavily exaggerated but like I said, I would like to know how much will it be 5 years later, in terms of "sky high" once silver isn't shorted.
Additionally, would it be wise to sell gold to get more silver? I was gifted a very small amount of gold that I was holding on to once gold goes off, but if silver will fetch more in value over gold, I'd trade gold for silver.
5 years ago silver was about 17 per oz.
Silver is the squeeze. Too many short positions by the banks
If you bought $1900 dollars of Gold and $1900 of silver 5 years ago. Today you would have approximately $4,400 gold and approximately $7,700 in silver.
Silver more than tripled.
U can trade your gold for about 60 oz of silver at 1/66 gsr. When it hits 1/30 gsr trade the silver back for 2 ounces of gold.
1/30 has not been seen in decades. Don't think I would wait that long.
Some people are trading gold for silver at their local coin shops....
Get a shot of 69,420 (comma, not period) and we're in business.
420.69 is my next goal.
That works too.
...gold = $ 4458 historical average is 7 to 1 silver should b $ 636
In a stoner voice Nice!