Silver Price Watch
- Thread starter STKR
- Start date
" This guy " couldn't get to the point if it was shoved up his arse.
He took 8 min's to share 2 min's of info.
That's my common rant about youtube content. Although I say 10min for 2min worth of content. Apparently 10min is the sweet spot for ad revenue.
I generally watch YouTube videos at 2x speed. Even then, many take way to long.
I just struggle to understand why Silver is still below $200 USD / oz ?
5 yrs of STRUCTURAL SUPPLY DEFECIT ! ( some say 7 yrs because the 1'st 2 yrs was covered by ETF outflows, not mining supply )
How can a " Critical " mineral/metal that is mined at 7:1 against Gold , yet it's still priced at 56:1 ???
The Paper smoke/mirrors game is obviously still in play, but when the reality of the Deficit in Supply, imposes itself onto the physical market reality, true Price Discovery may occur.
Hold onto ur Stack, things may get VERY interesting this year
Ever since losing all my silver whilst paddling my canoe, 'lucitania' in glenbrook lagoon, i have lost the nerve to reinvest and thus dont pay much attention to price. Had a look today and sweet baby jesus!... I thought paying $90 for rounds was crazy recently, now $130.
Bulk bullion seems to have a good stock while some of my prefered local sydney places are almost all backorder. Still 1kg bars out there to be had though.
Bulk bullion seems to have a good stock while some of my prefered local sydney places are almost all backorder. Still 1kg bars out there to be had though.
