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Thread: There really is hope for the price of silver

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  1. #1
    Join Date
    Nov 2017
    Posts
    391

    Default There really is hope for the price of silver

    I have been reading and hearing for the past twenty two years about the coming (but never arriving) major silver shortage. Will it ever happen in real time?



    https://www.kitco.com/news/2023-08-0...als-Focus.html

  2. #2

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    It will happen. Will it be in our lifetime?
    "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

  3. #3

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    If they keep mining silver to the tune of a billion ozs per year the price will not moon. Every upswing will be met with small and large hoards being found and immediately sold.
    "That's not money" - Ben Bernanke

  4. #4

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    Silver always disappoints. You would think that we would be at least in the 35 range at this point.

  5. #5

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    Quote Originally Posted by Atlas Shrugged View Post
    Silver always disappoints. You would think that we would be at least in the 35 range at this point.
    I agree with this. If there is a cabal suppressing the price, they are doing a hell of a job.

    Just a few blips every ten or 20 years.
    "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

  6. #6
    Join Date
    May 2013
    Posts
    1,489

    Default

    With premiums what they are...If I were a miner, I would get some stamping machines and start minting my own rounds & bars.

    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

  7. #7

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    Quote Originally Posted by aberdeen View Post
    I have been reading and hearing for the past twenty two years about the coming (but never arriving) major silver shortage. Will it ever happen in real time?



    https://www.kitco.com/news/2023-08-0...als-Focus.html
    Nope. Not anytime soon.

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