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Thread: When does silver start hedging against inflation?

  1. #1

    Default When does silver start hedging against inflation?

    I mean, the dollar is losing purchasing power but strong against other currencies.

    Petroleum seems a better hedge, or maybe lumber.

    The question is why and when.
    Why, haven't we seen PM'S rise?
    When does this hedge begin?

    I have no doubt it will, but it is peculiar to watch this unfolding so counterintuitively.

    It actually makes me believe the manipulation theory is more likely.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  2. #2

    Question

    When Does Reality start to Matter?
    x3

  3. #3

    Default

    Will silver follow gold up? It generally does from what I've seen.

    So what is known about POG other than it is at an elevated high and dirt cheap at the same time. No, I can't explain the elevated high and dirt cheap. It's an oxymoron and may be completely off base.

    This article (I got the link from silverone's u.s. dollar thread, and have used it at least twice now) says much.

    https://www.zerohedge.com/markets/en...-away-usdollar

    One of my favorite lines (actually a paragraph headline) is "Honest not Sensational: Gold’s Bull Market Has Yet to Even Begin"

    Regarding "It actually makes me believe the manipulation theory is more likely. " from the OP, the article speaks to that as well.

  4. #4

    Default

    I put this in the wrong thread hahA
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  5. #5

    Default

    Quote Originally Posted by windweaver77 View Post
    I put this in the wrong thread hahA
    Moved it to the silver board... I guess that's where you meant it to be?

  6. #6

    Default

    Quote Originally Posted by ynot2k View Post
    Moved it to the silver board... I guess that's where you meant it to be?
    You assumed correctly, thank you!!!
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  7. #7

    Default

    Quote Originally Posted by windweaver77 View Post
    I mean, the dollar is losing purchasing power but strong against other currencies.

    Petroleum seems a better hedge, or maybe lumber.

    The question is why and when.
    Why, haven't we seen PM'S rise?
    When does this hedge begin?

    I have no doubt it will, but it is peculiar to watch this unfolding so counterintuitively.

    It actually makes me believe the manipulation theory is more likely.
    Things go up, things go down. Right now, silver is getting pretty far down. Gold has not faltered as far. The DXY is seeing 20 year highs, but as you noted, that's just because the other currencies are in worse shape. What is the new best safe haven? When will PM's shine again? How long will this purchasing opportunity in silver last? I trust the economic experts almost as much as I trust the long range weather forecasts. The 5,000 year track record of PM's speaks for itself. It needs no cheer leader.
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  8. #8
    Join Date
    Nov 2017
    Posts
    391

    Default

    Quote Originally Posted by windweaver77 View Post
    I mean, the dollar is losing purchasing power but strong against other currencies.

    Petroleum seems a better hedge, or maybe lumber.

    The question is why and when.
    Why, haven't we seen PM'S rise?
    When does this hedge begin?

    I have no doubt it will, but it is peculiar to watch this unfolding so counterintuitively.

    It actually makes me believe the manipulation theory is more likely.

    If history and reason and logic still matters, then it is only a matter of time before silver rises again - only to eventually crash. I have been following the silver market for over twenty years now, and at this point view it as a long term store of value - real wealth that is- and don't care too much what the price is now.

  9. #9
    Join Date
    May 2013
    Posts
    1,492

    Lightbulb

    I guess people are selling their gold and silver to buy eggs, flour, and cheese.

    Ag guy
    live for today, admit your faults, do the right thing (even if you don't want to) & trust God!
    This life is the training of the soul for the life to come. (accept that we live in a fallen world)
    Whether you know it or not, you are a spiritual eternal being! Ag guy

  10. #10

    Default

    Quote Originally Posted by Ag guy View Post
    I guess people are selling their gold and silver to buy eggs, flour, and cheese.

    Ag guy
    Good one!

    Unfortunately on some level (perhaps a bit higher up the household expense chain) there is probably some truth in it.

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