What will silver do in march 2018
No Way! I truly do feel bad for you that you bought it at such a high price. But I have a question for you did you by rounds and bars or did you buy coins barbers Etc. If you bought the coins then there is a market that you would be able to get your money back I believe.
Just food for thought and I hope that one day you get your money back that you invested. There is a second option, but I doubt you would approve, and that is cost averaging.
In other words buy even more silver at prices lower than your original purchase price. What this does is brings your average price-per-ounce closer to the current actual price and allows you to reach your break-even price sooner. I for one use this method of buying more as the price falls and stop as the price rises, that my actual cost per once is lower than the current price, and I can get out at any time without loss, but I expect to make money.
I think your husband was wise to invest but he got in at the wrong time. Since the bronze age, gold and silver have been the kingpin of currency in almost every culture, with their value tied not to scarcity but to the politics of their respective era.
Look at the 19th and 20th centuries…because of steam and oil power, more gold and silver were available for use and were now available even to the poorest of people and poorest of countries. All it will take is a bad twitter comment to come to fruition and silver will see triple digits.
But the quality of life will be forever changed for your children and grandchildren. JP Morgan has been the main crook batting 1, with naked paper shorts, but they have over million ounces in physical. The moment they stop shorting, is the moment silver will skyrocket.
Regardless, silver is the best investment bargain in the world today. No doubt triple digit is around the corner. We are almost at 12 months you note in your post? What is going to happen JPM appears to have not stopped I wish they would but not happening. So close! How much money did u make short selling silver futures last year?
Yes ,it does depend o the central banks. The only positive sign is the huge physical stack JPM are holding. But what do they intend to do with it? There is also the question of whether we are in physical surplus ot defecit. There appears to be no reliable statistics about this. Bitcoin tells it all. Who would believe? Once the Bankers are found to be guilty of manipulation and are constrained Silver can follow Bitcoin in its exponential growth.
Just sit tight and hold on! Ive been hearing this.. In the Long Run we are all dead!! No chance until the 8 central banks who are all short decide to let the price rise, but why would they? I agree with John. I have both and have been investing in silver for over 20 years. I also have been selling shers in the market and picking up more bars. When the markets realise the metal is not there price would jump.
Even the people who only have certificates could then get the higher monetary cash value. Just got to get the show ball rolling. Its not to late to buy in now and reap the same reward. Just imagine it could be a self fulfilling prophesy. Silver prices are controlled by something else. There has got to be a fake market.
Silver prices are a joke! People say the price will skyrocket when the dollar falls apart. Food, sure! Gas, heck yea. Guns oh yea! Even toliet paper. Try wiping your butt with silver eagles. It is a joke, silver to be value as it is. Ratio its 11 to 1 with gold. Who makes people on foot like us to paid the price will they keep on making millions with just paper. Lets stand up. Lets at less make comments that we disagree with this joke of a price for silver.????
There is more gold on earth then there is Silver. Silver has more uses and will go up like Gold did a few years back. This article was written in but your reply to it is date , how is this possible?
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In terms of reading through posts before publication, this is routinely what takes place at least twice. Needless to say, we do make mistakes as we are not infallible. We are based in Berlin, not The Vatican.
Specifically with regard to publishing responses to comments, we attempt to do so in as timely a manner as possible and given there can be up to 90 overnight comments to be read and addressed during the morning, it is simply not possible to proof-read each associated article in the same detail as can reasonably have been expected to have taken place during the publishing process.
Hello everyone, the way I see it i take about as much stock in what the world bank had to predict as the report coming out of the world health organization, or should I say lack of reporting ,with interest rates at zero and the printing presses running at max speed it wont belong before the feds will be outsourcing the printing of the dollar to the Chinese, you keep printing these BS articles and I will keep buying, sooner or later the debt.
Please let us know how our reporters have failed to accurately report the findings of the studies our reporting is based upon. Everybody believes that the WB statements that you reported are accurate. They said price would go down over 10 years, 2 years later price doubled. The WB has a vested interest in people not putting any of their money in silver or gold.
Increased demand, combined with massive inflation will cause prices to go down? Seems unlikely. The price they mention in is a lot less than the price of mining it today. There would have to be incredible technological breakthroughs in silver mining tech. Hi Kristopher, There are two comments below which I would point you to.
We take such accusations very seriously here but, to date, nobody has offered any evidence of such misreporting. Billionaires are now rushing in to buy gold. Ray Dalio, who runs the biggest hedge fund in the world, has always been bullish on gold. And even famous anti-gold investor Warren Buffett has started buying gold mining stocks. Thanks Kristopher, I am ancient enough and enough of a history student to know about the gold standard and related fiat currency claims.
However, none of this is any of our concern at pv magazine. We are journalists and we cover reports. Having read all comments on reaction to your article I can understand how readers would be skeptical of such a report.
As many have commented, the predictions based on pure supply costs and growing demands for silver on PV alone, cannot be taken seriously. One then is left to speculate the motives for leading organisations like the WB to make such predictions.
This would help avoid any unjustified criticism of your reporting of the facts. Thanks Richard, Duly noted. What is the reported typo you mention, please? Also, on the failure to find a particular fact in the report, please accept our apologies but the pv magazine article referred to was written not by me, incidentally, I merely edited the copy, I assume in May It is part of my duties at pv magazine to help manage this comments section to which you have contributed.
I accept your suggestion about considering contradicting points of view for balance but I do feel we have been justified in reporting on a World Bank publication in good faith and in the sure knowledge, as always, that our comments platform would offer the opportunity for dissenting views. Nor, as you correctly point out, should I share my opinion with readers either. One thing we have noted at pv magazine , however, is that stories about the silver price falling stir up much impassioned opposition among our commenters and will presumably continue to do so.
Anyhow, if you would like to give me details about the reported typo you refer to, I will see if that can be corrected forthwith. Good day sir. Thanks Dariel, I presume, though, you mean the prediction by the World Bank which we reported was dead wrong. To my knowledge, pv magazine has not issued any predictions about the silver price — as a media outlet, we report the news.
About 11 years ago I recall reading a prediction that the global supply of silver will expire in I believe the annual global production today compared with the remaining supply available make this prediction plausible.
If demand remains the same but the supply is exhausted, notwithstanding recycling, what will become of the price of silver? Keep in mind that the price of anything is only worth what a buyer is willing to pay. Here we go…. Dot point average buy silver spot and also silver mining companies. Start dot point selling when word starts to come through of a viable vaccine.
I predict this Buy-sell will turn between Jan and a June Please go ahead and wait another 2 years. Silver premium is always at 2 dollars over spot price per ounce so buying 5 ounces your paying for the energy to put into a coin or if buying a bar your still paying for the labor, at silver mines or other mines that have silver as an extra commodity they will profit at anything after 20 an ounce.
So silver will never go below 20 for silver bullion companies to purchase then make a profit at 25 per ounce so silver will most likely not go below 25 dollars an ounce historically after True value when calculating at the individual level especially with California and other state mandates to go solar or use all electric will take silver to another level regardless of trade wars. Yeah… this aged horribly XD lesson learned. Hi Johane, Thanks for the feedback.
That is what our job entails. That being said, there are also many contracts that you can get involved in. This article was originally posted on FX Empire. Silver Price forecast for the week of March 6, , Technical Analysis. After the closing bell Thursday afternoon, Sundial released its third-quarter earnings report.
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