However, pushing it to that level may destroy the current derivatives market, pushing us into a free market. I suggest after that happens, the ratio of silver:gold will be in the range of 10:1 to 5:1 depending on demand.
With current technology, the current demand for silver is a fair bit higher than gold. Once people can freely trade silver and gold between people, and businesses, etc. (and everyoneunderstands that they can (zero regulations or taxes and it will feel like money again)), the demand for silver can finally be free, and we can properly have a free market (at least that is a necessary condition even if it's not the only one).
I have a little bit in AG, but I don't really know if mining stocks are the best place to put your money. Not to say they aren't. On the contrary, for thousands of years investing money into PM mines have been the best things to buy and/or control. Many wars have been wages on those particular resources. Market crashes and control systems are based, in part, on PM mine stocks.
Having said that, I'm not convinced it much of a hedge. For example, if silver goes up, silver mines go up, and vis versa.
I do know silver will go up. It must. For both WH and BH, a silver market explosion has been part of the plan for a very long time. So I do think any mining stock is a reasonable investment. But for which one, I really don't know. I picked AG because it was the first one on the l list when I looked. Though I haven't put that much into it, both investment or investigation, so who knows.
My best guess it is relatively safe, and very likely to perform well. Better than physical silver? Probably not, but who knows. Physical has the advantage of being, well, you know, actually physical. So I weigh it highly on that personally.
13.4 is still way too low.
However, pushing it to that level may destroy the current derivatives market, pushing us into a free market. I suggest after that happens, the ratio of silver:gold will be in the range of 10:1 to 5:1 depending on demand.
With current technology, the current demand for silver is a fair bit higher than gold. Once people can freely trade silver and gold between people, and businesses, etc. (and everyone understands that they can (zero regulations or taxes and it will feel like money again)), the demand for silver can finally be free, and we can properly have a free market (at least that is a necessary condition even if it's not the only one).
Silver is at such a discount right now! Do you suggest any mining stocks anon? Would love some advice on that if you are knowledgeable.
I have a little bit in AG, but I don't really know if mining stocks are the best place to put your money. Not to say they aren't. On the contrary, for thousands of years investing money into PM mines have been the best things to buy and/or control. Many wars have been wages on those particular resources. Market crashes and control systems are based, in part, on PM mine stocks.
Having said that, I'm not convinced it much of a hedge. For example, if silver goes up, silver mines go up, and vis versa.
I do know silver will go up. It must. For both WH and BH, a silver market explosion has been part of the plan for a very long time. So I do think any mining stock is a reasonable investment. But for which one, I really don't know. I picked AG because it was the first one on the l list when I looked. Though I haven't put that much into it, both investment or investigation, so who knows.
My best guess it is relatively safe, and very likely to perform well. Better than physical silver? Probably not, but who knows. Physical has the advantage of being, well, you know, actually physical. So I weigh it highly on that personally.
Critical Minerals Ministerial
News on coins:
Base Metal Reprice?
u/pbman2
Oh please be true!
In this case the price looks right for the limited mintage. I would prefer they mass produce them so everyone can buy one.