Lets talk about the recent drop in the price of Silver!
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😊😊. Historically Silver v gold ratio is about 0.017 to 0.02. I shall be careful due to market manipulation of silver market plus gold market … The only constant in coming 5 years to 15 years is that USA government is burdened by $38 trillion Government debts and Governments around the world have more than $100 trillion Government debts
Is there anything around the macro environement. Meaning we are 4-5 years behind to catching up to demand. Demand is increasing significantly because of EVs, Solar, military, robotics, data centers, etc. This demand is far more than it was a decade or 2 ago. Does that have any effect on the price esp if the entire world needs it?
The fact, that Silver fell so quick, that nobody could go out in time doesn't mean, that the RIGHT people didn't get out!
About 10 days before the fall, I contacted a metal trader to sell some physical silver, when it had quadrupled its price compared to time I bought. Somehow they delayed the deal until last Friday came, the silver high went and I decided to keep for now.
Can we be friends? I like you ben 😁
Gold to silver ratio on earth, on this physical planet is way lower. Around 1:10. On top of that, silver is also an industrial metal which has been and is being consumed by industry, gone forever. Usually very expensive to recycle. On the other hand, gold is stored at vaults, its a monetary matal. Silver is still extremely undervalued against gold. Eventually markets will catch up with reality..
Only papers levraging liquidations not physical move. Good luck to find a price under 100 for a silver coin…
COMEX just now updated their latest prices
85 to 78.. Silver
4800 to 4700..gold
So crash is coming again
If i understood well what happened paper silver margins change wiped paper silver holdings so we should see silver correct how long it takes we wait and see not long as demand is bigger then supply.
what are your thoughts on the market capitalization numbers. like 3 trillion dollars came out of gold on Friday. wouldnt take much to rally btc unless it was just leverage positions getting wiped
thanks as always for this wonderful content, plz keep going. God bless you Ben.
Thanks for the insights, but I think you should consider the FED rates as one of they key factors when talking about peaking of gold and silver.
I'm hoping this wasn't the end of the bull run, but hey, if it was, I can't say I'm too upset about it. Just wish I sold a bit more after we crossed triple digits.
Silver demand also is a gauge of the strength of the economy, so silver falling so much is likely an omen of a coming U.S. recession.
Thanksm you Ben! Please comment about Palladium.
Just before in every recession there is a huge euphoria on stocks, like 30% move. This is missing
1980 looked brutal
Watch the stock market start dropping in Feb!
Silver has been suppressed for close to 50 years, it's still undervalued. Sure, it might dip more in the short term, but overall, it will continue to make new highs.
Ben is an absolute wizard
Agree. Lots of cycle traders are saying the same thing. Mid cycle correction in metals which will play out this year.
Tired boss I am
silver prices has gone up over 200% in the last 6 months… if you are losing money it means you got in way to late, most traders should have profits by now.
I dunno man-what if they are just having a hard time mining it and supply is harder and harder to come by.
Great analysis. Interesting perspective. I'm doing fine with silver, but can you how empathetic you are to your viewers. Good guy.