Silver Price Watch
- Thread starter STKR
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Your view for this is from a technical analysis? Or because silver is famous for its retraces from past experiences?
If silver runs hard from here you will know that the wallstreet whores naked shorts are farked, and they will burn. I would have loved to been a fly on the wall at this BRICS summit. This will be a game changer for PMs
It never took much to end the price controls. One large economy could've done it at any time. A 10:1 ratio with Gold is where it should be, based on the mining ratio and factoring in scrap metal refining. Thats $400 silver at the current exchange rate. It may seem like an unrealistic price to some but that's exactly where we'd be if it wasn't for the incessant intervention of those in control of the aboveground stockpiles. $400 would be a natural price without factoring in the shit show that would come from the world competing for supply.
Tulip mania and the infamous 1980 run up will look like child's play when the reserves dry up and there's an actual shortage of Silver.
Napoleon had cutlery made from aluminium and also the highest order of badges to decorate himself and a few generals for their campaigns. Back then aluminium was far more valuable than gold! When silver runs out or it's demand exceeds gold then yes look out.
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The world has moved on from tea parties mate. It's a shame that very nice history goes into a melt bin but it's a realityLol won't someone think of all the antique silverware I'm gonna smash up and refine!!
I've already started
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The US is a rules based order demanding all nations to comply to it like they are gods ... but the rule maker has failed to comply to its own rules when they don't get their way with other countries. Hence the multiple wars they have subjected us troops to and the millions of innocent people they have slaughtered since ww2 in the name of democracy and the punitive sanctions against the human race.
Why Saffron Is More Expensive Than Gold
It takes up to 170,000 individual flowers to yield just 1 pound of saffron, and each individual strand, or stigma, is painstakingly picked from the flower by hand.
recipes.howstuffworks.com
Yes, even today Saffron is still worth more than gold of the given weight. The point is once a commodity becomes scarce or in demand then it's through the roof... silver might just be on its wayWhy Saffron Is More Expensive Than Gold
It takes up to 170,000 individual flowers to yield just 1 pound of saffron, and each individual strand, or stigma, is painstakingly picked from the flower by hand.
Sorry mate just want to ask you, do you grade that stuff by hallmarks? Or you don't give a care?Lol won't someone think of all the antique silverware I'm gonna smash up and refine!!
I've already started
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Yes, that is what I said. Or in other words do as I say not what I do.
US senators worry Russia, China could cut undersea internet cables A bipartisan group of eight US senators urged President Biden to review the security of undersea communications cables, expressing concerns about vulnerabilities, including sabotage by Russia and China’s growing role in cable laying and repair. These cables handle nearly all global internet traffic - 400 of them carry over 95% of the world's data traffic - and their locations are often published to prevent accidental damage.