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Thread: Silver Institute: Economic Headwinds in 2023

  1. #1

    Default Silver Institute: Economic Headwinds in 2023

    ... we forecast silver to average $23.00 for the full year ...
    https://www.silverinstitute.org/silv...eadwinds-2023/

    No one is going to the moon with that prediction.
    A journey of a thousand miles must begin with a single step. -Lao Tzu

  2. #2

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    Not to the moon for sure but maybe some buying opportunities along the way.

  3. #3
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    Quote Originally Posted by spaceman View Post
    Not to the moon for sure but maybe some buying opportunities along the way.
    Only if premiums drop to a reasonable level, takes to long to break even

  4. #4
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    Quote Originally Posted by PM Bug View Post
    https://www.silverinstitute.org/silv...eadwinds-2023/

    No one is going to the moon with that prediction.


    When will we ever get the explosion that we were promised by Ted Butler and others?

  5. #5

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    Quote Originally Posted by aberdeen View Post
    When will we ever get the explosion that we were promised by Ted Butler and others?
    When reading articles; always read first the disclaimer section...

    G:tiki2+++.

  6. #6

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    Quote Originally Posted by golditiki2 View Post
    When reading articles; always read first the disclaimer section...

    G:tiki2+++.
    Disclaimer: These are the same guys that spent over a decade reporting how consumption far exceeded production, which fanned the flames of the to-da-moon fans.

    Not that they did it out of malice but because they were better at tracking consumption than production.

  7. #7

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    There have been only two "parabolic explosions" in approximately the last fifty years. Only the newbys are waiting for the big explosion, while those who have been in this for many years, have learned that slow and steady works the best when building generational wealth.
    Last edited by Lawrence; 02-13-2023 at 03:02 PM.
    Stacking since the late 1970's

  8. #8

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    "There have been only two "parabolic explosions" in approximately the last fifty years. Only the newbys are waiting for the big explosion, while those who have been in this for many years, have learned that slow and steady works the best when building generational wealth." - Lawrence

    Not to mention the fact that prices can drop like a rock after such an explosion.

  9. #9
    Join Date
    May 2013
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    1,491

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    Quote Originally Posted by Lawrence View Post
    There have been only two "parabolic explosions" in approximately the last fifty years. Only the newbys are waiting for the big explosion, while those who have been in this for many years, have learned that slow and steady works the best when building generational wealth.
    I too have been here for both the Hunts and also the 2011 spike. Keep in mind that we are coming (off/through) a hefty 4 decade "GLOBAL" inflation spike with riotous money printing along with potential stagflation. the third spike could very well be at hand.

    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

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    There is a global inflationary environment. Silver fundamentals look good... yet here we sit with a GSR consistently 70:1 or higher. How long can this go on?
    "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

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