Silver Manipulation....When does it end????
How is it possible that silver is only at $17.40 per ounce when the US dollar index is at 89.30? There is obviously major manipulation!!!!! If you just do the simple math using todays date last year you will see that it truly makes absolutely zero sense.
Last year silver was at $17.11 per ounce, while the US dollar index was 100.17. Using just those figures alone, clearly something is wrong. Silver is only up 1.7%, while the US dollar index has dropped 11%. If the market was true, that alone would have silver currently trading at $19.00 per ounce using the US dollar index alone.
The stock market is breaking all time highs, oil prices are steadily climbing, but silver has barely moved. Just yesterday silver was back under the $17.00 mark for most of the day. When does it end???
We have been in a silver deficit for the last few years with mining, oil prices have increased, it is costing more to retrieve the silver underground and the price of silver still has not moved.
What are you thoughts???
When the Crypto skyrockets, I buy some silver. When the crypto shoots down, I rebuy the crypto. Silver is still on sale in my opinion. Look at how it compares to gold!
That's a smart play. Silver is truly on sale. The ratio between gold and silver is ridiculous. It should be truly about 35 to 1.
Look at the Proof of Stake concept and consider that in terms of silver and its price valuation. I thin PoS is for me. Warren Buffet had over one-third of all of the above ground silver at one point, the price went up because he was "hodling." The dude says to "Be brave and invest where nobody else will invest." then says "Crypto-currencies are a bad investment." Is he secretly telling us to buy Neo? Not sure but he is in his nineties so I am pretty sure I can beat him in mortal combat if not in Mortal Kombat......Silver had an ATH of over 50 USD, Gold 3K, Silver will eventually triple, gold will eventually double. My real strategy: Exit the U.S.Dollar!
Silver is no doubt going to break out at some point and never look back. It's just a matter of time. I'm starting to dabble in crypto, but i'm still very skeptical on it. Anything digital can be wiped out at any time. Holding physical gold, silver, palladium or platinum can't ever be wiped out. The dollar will collapse at some point, that is a guarantee......
This is why they teach crappy math and zero history in schools nowadays.🤤