I think the days of shorting silver is already over. There may be some silver shorts that have not been settled but it would be stupid to open any silver shorts today, you would lose money. The price is always going up.
Silver/gold should be at a price of 10 to 1.
If you wanted to be less greedy and more realistic, let's say 15 to 1.
If gold is $4400, silver should be $293.
However, countries are buying up gold, they know the days of fiat currency are over. Gold will destroy the Fed.
So, the price of gold could top out near $10,000 an ounce and silver will chase it to the top.
At 15 to 1, with gold at $10,000 = $667 an ounce for silver.
At 10 to 1 = $800. That is where it might be in 5 years.
I wouldn't sell any until you have a new currency. A gold backed currency.
You wouldn't want to sell silver and accept fiat dollars that are backed by nothing.
At the bottom right of the US debt clock it mentions a US Treasury Dividend Dollar. That may be our future currency.
Yes, selling gold now, buying silver will give up a better return. It has to do with the ratio. Gold has not been suppressed, silver has been. Silver has a longer distance to appreciate in the run up (6 times). We are at a 64 to 1 ratio right now and it need to be at a 10 to 1.
I think the days of shorting silver is already over. There may be some silver shorts that have not been settled but it would be stupid to open any silver shorts today, you would lose money. The price is always going up.
Silver/gold should be at a price of 10 to 1.
If you wanted to be less greedy and more realistic, let's say 15 to 1.
If gold is $4400, silver should be $293.
However, countries are buying up gold, they know the days of fiat currency are over. Gold will destroy the Fed.
So, the price of gold could top out near $10,000 an ounce and silver will chase it to the top.
At 15 to 1, with gold at $10,000 = $667 an ounce for silver.
At 10 to 1 = $800. That is where it might be in 5 years.
I wouldn't sell any until you have a new currency. A gold backed currency.
You wouldn't want to sell silver and accept fiat dollars that are backed by nothing.
At the bottom right of the US debt clock it mentions a US Treasury Dividend Dollar. That may be our future currency.
https://www.usdebtclock.org/
Yes, selling gold now, buying silver will give up a better return. It has to do with the ratio. Gold has not been suppressed, silver has been. Silver has a longer distance to appreciate in the run up (6 times). We are at a 64 to 1 ratio right now and it need to be at a 10 to 1.
Nope, they just pushed them down the road