Check Agora Inc on YouTube and see for yourself. I keep out of the money call options for approx 12 to 18 month. Look into it an educate urself as I think when silver pops it will be a quick upward shit an then settle back when JP Morgan dumps there mil oz.
A run to makes u 7 mil. Do people not notice the shift from US per capita income represented as a bell curve prior to and since then has steadily shifted towards a direct downward linear trend.
Abandoning the gold standard entirely set up this slow motion train wreck. Not brain surg nor rocket sci. Is this the right time to sell my silver…. I badly need some cash…. Many here are making a mistake of valuing silver in petrol dollars. The US dollar is an inflationary currency. Silver is deflationary. Compare silver to the amount of goods or other commodities it will buy with its purchasing power. The us dollar continues to lose value while the purchasing power of silver remains constant.
The manipulation will end soon. The elites are shaking out the weak hands by suppressing the value and causing frustration, then scooping it up at rock bottom prices. When their coffers are full, they will manipulate the prices in the other direction to maximize their profits.
The prices can hardly go any lower. You cant price a metal lower than the cost to mine the physical bullion. The miners would simply shut down causing a shortage until the prices move back up. The same thing is happening in cryptos. The smart money realize the dollar is on its way out.
So they tell us that gold and silver are outdated relics and cryptos are going to fail. They say, keep investing in stocks. Be on the right side of this wealth transfer. Be patient for your loved ones. It will be life changing! This can only be put down to serious manipulation. As paper money becomes more worthless day by day,especially third world countries that are so indebted that they will never will recover,and the western world is running in the same direction.
In the coming 2 years there will be so much conflict of war and political up evil that world will be in commotion. The next best thing to silver and gold will be food storage,water and essential items that even gold and silver wont be worth talking about. The world is slowly going into inflation and deflation to the point of no return. Gold and silver will save us to a point and but not in the medium to long term.
Silver is now just a monkey metal of little value. As long as central and private banks short silver and gold on the COMEX, their prices wil move within a narrow price band well below their true market value prices.
The only thing that can stop this unlkawful manipulation is war or a global stock market crash. There will be both: such is human nature. Would rather have 10 pounds of silver than 1 ounce of gold anyway…never sell below Silver is going down due to technological reasons: 1.
In ancient and medieval history Silver was found in proximity to Gold and because of that it was pegged about 10 to 1 because that is what the mining technology of the ancients until medieval times has produce. However today we can produce way more silver than before and we can find it where gold is not and because of that Silver is not pegged to Gold 10 to 1 but 80 to 1 today.
Gold will always be scarce and identified with wealth so people will need to choose between gold and Silver. They will chose Gold. The market is stuffed with investment propositions and if you want to get stuck in precious metal you will probably get stuck on Gold or Platinum and such. Silver coins, bars is already abundant in the investments vaults so why will anybody buy more and more of this metal? Banks and little people already have a lot of it. Time to sell and buy Gold or other opportunities.
Too much silver in the vaults already and not very valuable for too long time now. Silver is being hoarded by J. Morgan and manipulated as they fill their vaults. Who is to say when they will release their illegal control to make billions. No Way! I truly do feel bad for you that you bought it at such a high price.
But I have a question for you did you by rounds and bars or did you buy coins barbers Etc. If you bought the coins then there is a market that you would be able to get your money back I believe. Just food for thought and I hope that one day you get your money back that you invested. There is a second option, but I doubt you would approve, and that is cost averaging. In other words buy even more silver at prices lower than your original purchase price. What this does is brings your average price-per-ounce closer to the current actual price and allows you to reach your break-even price sooner.
I for one use this method of buying more as the price falls and stop as the price rises, that my actual cost per once is lower than the current price, and I can get out at any time without loss, but I expect to make money. I think your husband was wise to invest but he got in at the wrong time. Since the bronze age, gold and silver have been the kingpin of currency in almost every culture, with their value tied not to scarcity but to the politics of their respective era.
Look at the 19th and 20th centuries…because of steam and oil power, more gold and silver were available for use and were now available even to the poorest of people and poorest of countries.
All it will take is a bad twitter comment to come to fruition and silver will see triple digits. But the quality of life will be forever changed for your children and grandchildren. JP Morgan has been the main crook batting 1, with naked paper shorts, but they have over million ounces in physical.
The moment they stop shorting, is the moment silver will skyrocket. Regardless, silver is the best investment bargain in the world today. No doubt triple digit is around the corner.
In normal markets, the futures price for silver is higher than the spot. The difference is determined by the number of days to the delivery contract date, prevailing interest rates, and the strength of the market demand for immediate physical delivery. This is the change in the price of the metal from the previous close, which is not necessarily the previous day. Weekdays from PM NY time until midnight the previous close is from the current day.
Kitco use the last quote at PM as the close of that given day. Change is always the difference between the current price and the price at pm. This is the change in the price of the metal from the price at the end of the previous trading session. Currently, the weekday closing time is PM Eastern Time.
This is the change in the price of the metal from 30 days ago as opposed from the previous close. This is the change in the price of the metal from a year ago today, as opposed from the previous close. Every precious metals market has a corresponding benchmark price that is set on a daily basis. These benchmarks are used mostly for commercial contracts and producer agreements.
These benchmarks are calculated partly from trading activity in the spot market. An OTC is not a formal exchange and prices are negotiated directly between participants with most of the transaction taking place electronically. Silver, actually trades 23 hours a day Sunday through Friday. Most OTC markets overlap each other; there is a one-hour period between 5 p. However, despite this one hour close, because spot is traded on OTC markets, there are no official opening or closing prices. For larger transactions, most precious metals traders will use a benchmark price that is taken at specific periods during the trading day.
The spread is the price difference between the bid and the ask price. Silver is a fairly liquid markets so traders can expect to see a fairly narrow spread in these markets; however, other precious metals may have wider spreads, reflecting a more illiquid marketplace.
Because there is no official closing or opening price for gold or silver, market participants rely on benchmark prices, set during different times of the day by different organizations.
These benchmarks are also referred to as fixings. The silver benchmark price is determined daily in an electronic auction between participating banks with the LBMA, which is administered by ICE Benchmark Administration. Like the previous gold fix, the London Silver Fix was a global benchmark used for over years but was revamped in August The price is set daily in U. The Kitco. These time zones have been selected because they represent the world's largest precious metals trading centers.
One troy ounce of silver is the same around the world and for larger transaction are usually priced in U. Traditionally, currencies that are stronger than the U.
While silver mostly quoted in ounces per U. Silver and most precious metals prices are quoted in troy ounces; however, countries that have adopted the metric system price gold in grams, kilograms and tonnes. Though not as popular as kilograms and grams, Tael is a weight measurement in China. The tola is a weight measurement in South Asia. A troy ounce is used specifically in the weighing and pricing of precious metals and its use dates back to the Roman Empire when currencies were valued in weight.
The association's data show there has been more demand than supply of the semi-precious metal so far in Still, its uses in industry was one of the main reasons driving its recent rise in value, he said. If you look at copper prices, they've more than doubled since hitting a low-point last year," he added.
Additional factors have also played into silver's rise, Hanson said, such as the shift towards green technologies which have spurred a rise in demand for industrial metals such as silver which are used in solar panel production, for instance. The massive amount of central bank and government stimulus over the last year has also fueled concerns around inflation, with precious metals like gold seen as a hedge against rising prices and a decrease in the value of the dollar.
Webinars Economic calendar Capital. Professional clients Institutional. Learn to trade. The basics of trading. Glossary Courses. Popular markets guides. Shares trading guide Commodities trading guide Forex trading guide Cryptocurrency trading guide Indices trading guide ETFs trading guide.
What is a margin? Owner Capital. Our Global Offices Is Capital. Compliance In the press Blog Careers. Referral programme Partnership Programme. Support center. Capital System status. Get the app. Log In Trade Now. My account. Silver price forecast: where next for the precious metal? Tags Silver. For traders News and features Analysis Silver price forecast: where next for the precious metal? Rate this article. Share Article. Silver struggles despite uncertain macro backdrop The silver price trend turned sharply lower in June in response to bearish comments from the Fed.
Silver sales are anticipated to resume in the fourth quarter. In general, the exposure in both metals remains weak given the two metals' current struggle to muster a rally during times of price supportive developments.
0コメント