The more I research into this the more I realize that the prices are just going to keep going up because there using more silver than silver is being able to be mined or produced and there is not enough reserves to keep these massive companies going. China is the world's largest consumer of silver which is why their prices are much higher than United States as they are trying to collect as much silver to protect their multi-billion dollar companies from shutting down due to lack of silver.
I'm making a statement right now that I believe silver prices will go up to at least $1,000 an ounce. Silver outperforms gold in the electronics companies so why would gold be worth thousands of dollars per ounce and not silver?
I will go even further than the $1000. Mark my words, it may not be this year or the next, however simply with the lack of supply and the supply that there is, is being used up never to be seen again, there will come a day when silver will be worth more than gold.
You're absolutely right. People and big investors are buying up so much silver here in the United States and then selling it over to China for a big profit but China will continue to raise its prices until it collects most of all the silver reserves.
Unless there is a massive find of silver all the sudden that will change things but it just doesn't look like it 😎👍
PATRIOTS help fight fake news... PLEASE SEND & SHARE MEMEs HERE!!!
They are not buying physical silver here and selling it in China... they are buying paper silver contracts in the hopes that they can help force the market pricing to drop back down and in order to cover the death bleeding out on their silver short losses which keep mounting as the market price goes up...
HUGE DIFFERENCE
...and of course, it's not working for one reason
there is NO PHYSICAL SILVER TO BUY it's just paper promises... oh, kinda exactly like the dollar
GOD FEARING, Thankful Old Carpenter, I stand for freedom our Republic. Took the oath to the Constitution, and will keep it! WWG1WGA!
I do Agree With U and Glen , im Thinking of Cashing in a little Gold, and Getting silver Monday Morning Maybe I can time the Dip/ bottom if there is one if not ill just buy what I Can.
Happy new yr my fren! james🙏
Thank you Justice, I just watched a video on what it takes to get 1 oz of silver. The process is time consuming and difficult. It cost more to process then it is worth. Silver is a bi+product they get from mining outer metals such as lead. The rock they get it out of is called Galena.
Even if they found a new mine it takes 10 years to get the mine up and running to produce silver. Silver seriously is at a shortage and it is being depleted so rapidly that major companies are freaking out over being shut down if they run out. Even if prices of silver went higher than gold, they will still buy it. When it's gone it's gone. I put my whole retirement into silver over 10 years ago as I knew this day would come.
The sooner you can invest the better. 😎👍
Happy New Year's Justice
GOD FEARING, Thankful Old Carpenter, I stand for freedom our Republic. Took the oath to the Constitution, and will keep it! WWG1WGA!
Didn't DJt open Up Alaska > https://search.brave.com/search?q=Did+President+Trump+open+Alaska+For+Mining%3F&source=web&summary=1&conversation=e87930d22846c050728c91
Copper, Zinc, Cobalt, Gold, Silver, Gallium, Germanium
Did President Trump open Alaska For Mining? - Brave Search
Search the Web. Privately. Truly useful results, AI-powered answers, & more. All from an independent index. No profiling, no bias, no Big Tech.
https://search.brave.com/search?q=Did+President+Trump+open+Alaska+For+Mining%3F&source=web&summary=1&conversation=e87930d22846c050728c91
