This will be a race to see 'how many new-buyers' show up - and how much silver they can take out of the market place.
Plus the silver-gold ratios are messed up right now. Normal mining for a century, has put out about 16 ounces of silver for every one ounce of gold.. so the 16-1 value ratio was once a standard measure of rarity. ... Today that PRICE ratio is 73-1.
So gold seems too high or silver far to low... Silver production today only 8 ounces for each ounce of gold. Lots of Government dumping physical silver into the markets across the globe... and apparently those GOV stocks have run out.
Silver seems to have some big demand coming up in the next few years... in battery autos - and solar panels etc... Miners know that and are poised to dig more so supply should increase - but the demand side seems to have no real shortage for 48 months.
No, thats what SLV does. Its pops for a little bit, runs a little, a very little bit and then dies just as fast. You better take your winnings quickly.
What’s the short interest on silver ETF’s, the change in short interest over time (short and long term), what is the current GSR, what percentage of silver produced from mining operations is inventoried vs. used for fabrication, and how many current silver miners are there? Just curious.
We have lots of silver deposits that don’t become profitable to mine until the price rises enough. Because of this silver spikes will lead to leveling trends.
The requirement for delivery of silver (trading in your shares) at SLV - is minimally 50,000 shares... that is well over half a million dollars and over half a ton of silver. Not many people will take silver metal delivery at SLV.
PSLV has a FAR smaller requirement, a London Bar ~ $15,000... or just about 30 pounds. Far more people can cash out with physical silver at PSLV.
the reddit guys are walking that back. they said that it's not their play and that it's infiltrators and the media encouraging people to do that.
I’m indifferent who does it. Nor do I trust anything the media says. I put faith in the spot price. Rubber. Road.
Why buy now at the top. It's the seven year high. 10 months ago was the time to buy it When it was at $11.50
Don't believe everything you read on the internet. Especially when it comes to investing.
Just my guess....
This will be a race to see 'how many new-buyers' show up - and how much silver they can take out of the market place.
Plus the silver-gold ratios are messed up right now. Normal mining for a century, has put out about 16 ounces of silver for every one ounce of gold.. so the 16-1 value ratio was once a standard measure of rarity. ... Today that PRICE ratio is 73-1.
So gold seems too high or silver far to low... Silver production today only 8 ounces for each ounce of gold. Lots of Government dumping physical silver into the markets across the globe... and apparently those GOV stocks have run out.
Silver seems to have some big demand coming up in the next few years... in battery autos - and solar panels etc... Miners know that and are poised to dig more so supply should increase - but the demand side seems to have no real shortage for 48 months.
Don’t kid yourself...silver is ripe.
I've bought SLV plenty of times in the past. Id be shocked if it hits 50 anytime this century.
Timing is always difficult to predict. We will see.
No, thats what SLV does. Its pops for a little bit, runs a little, a very little bit and then dies just as fast. You better take your winnings quickly.
What’s the short interest on silver ETF’s, the change in short interest over time (short and long term), what is the current GSR, what percentage of silver produced from mining operations is inventoried vs. used for fabrication, and how many current silver miners are there? Just curious.
We have lots of silver deposits that don’t become profitable to mine until the price rises enough. Because of this silver spikes will lead to leveling trends.
Is that what short interest is based on, large deposits to insulate them?
The requirement for delivery of silver (trading in your shares) at SLV - is minimally 50,000 shares... that is well over half a million dollars and over half a ton of silver. Not many people will take silver metal delivery at SLV.
PSLV has a FAR smaller requirement, a London Bar ~ $15,000... or just about 30 pounds. Far more people can cash out with physical silver at PSLV.
some good due diligence here: https://patriots.win/p/11SKLMByaZ/silver-squeeze-is-next-fly-with-/c/
Pretty good due diligence vid here...
https://patriots.win/p/11SKLMByaZ/silver-squeeze-is-next-fly-with-/c/
Discusses the Silver Institute world wide survey.... major uses, upcoming demand, mining - etc..
decent background.