Why Are Gold & Silver MOONING Right Now?
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- Опубликовано: 7 фев 2025
- Whats with the recent big rise in gold and silver? Is this the new normal? Michael shares his thoughts. Buy your favourite gold and silver bullion from your favourite bullion dealer - www.bullionnow...
Need to buy gold or silver in Melbourne, Australia? Come see Bullion Now for all your gold and silver bar and coin needs, now located right in the heart of the city! Need something a bit more special? Little Coin Shop has you covered with the best collection of collector's items!
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Wait. Massive panic coming soon to a neighborhood near you.
Whats with the recent big rise in gold and silver? Is this the new normal? Michael shares his thoughts. Buy your favourite gold and silver bullion from your favourite bullion dealer - www.bullionnow.com.au/store
*$2000 Gold Price NEXT WEEK? - **ruclips.net/video/SedRjFtynHY/видео.html*
The only thing you want to be holding right now is hard assets. I'm keeping all my silver till the GSR hits 60:1 then I'll flip to gold. Then when real estate has collapsed I'll sell my gold and buy an investment property from a distressed seller. Strategic investment has never been so easy - like shooting fish in a barrel !
Yep, what a wealth transfer this will be if you don't own hard assets like PMs. Lot's of choices there will be for us!
Do you think the central banks will issue a nationalization order to seize hard assets in exchange for whatever comes next?
@@JinKee I think that would be a brave government! It certainly happened in the USA in 1930s but the citizens were more passive back then an agreed to hand over their gold. These days the only thing they would be giving such a government is a hail of lead (at high velocity)! In any case they won't be seizing my metal - it's very safely hidden ;-)
@@JinKee There is a thing called offshore account.....gold confiscation is not anything new
I may aim at a more aggressive ratio such as 40x, or maybe 30x (never say never if the ratio drops near 20x, when the ratio was as high as 110x some months ago).....but at that time dollar may become worthless lol
Thank you for always keeping us thinking! 👍🇺🇸🇦🇺
A very interesting week for sure!
Love the update thanks Michael!
GSR of ~80x is still at the higher end of the long-term range (15x to 110x) (30x to 80x if we adjust for the extreme cases). Unless you are a short-term trader, it seems too premature telling people to sell Ag at this moment, just because the ratio drops from 110x to 80x.......At the same time, very high American Eagle coin premium over spot (~50%) is a convincing signal of severe under-supply situation...............
Soaring silver. Don't sell it. Buy more!!
Can someone cover the Sept. Silver. Short squeeze?
My concern with doing a transfer from silver to gold is double paying the premium, doesn't make it very lucrative transfer.
Yes you do pay a double premium when you do the transfer but if you bought your silver at an average of STG ratio of 80:1 and swap at 40:1 then you still in the plus. The bullion merchants are not charities!
@@hoonleongtan4258 they're not charities and we're not suckers, paying premiums is how you lose money, paying it twice is stacking the odds against you. You're better off treating each metal individually than playing the Gold to Silver ratio.
E.g buying silver when the ratio is 1:100 with a 20% premium is like buying at a 1:80 ratio, and then selling silver to buy gold at 5% premium when it the ratio is 1:60 is like selling into a 1:63 ratio, in that scenario you're getting a 27% profit when switching compared to what was supposed to be a 67% profit of what the ratio trading was supposed to represent. And that's as a best case scenario of the cards falling in your favor. It's a losing strategy.
You're better off buying silver or gold when they're low and waiting until they're high to sell. Don't let the ratio fool you while paying a double premium.
So gold hits all time highs at the top and silver hasn’t come close to reaching its all time high. But dump your silver for gold. When it should actually be the opposite? Got it.
Says the silver salesmen. xD
I'll hold my silver thank you very much.
Because of unlimited money (currency or dollar) printing. What else?
Silver feeds on fear & greed, I see a feeding frenzy in our midst
Damn dog, you ain't wrong.
Sounds like you want our silver? Give us your silver and we will give you gold, thanks anyway lol
Both gold and silver are pretty good, just say no to dollar lol
THE SUDDEN RISE IN PRICE FOR SILVER HAS SEVERAL ISSUES THAT HAVE CAUSED THE RISE IN MY OPINION.
1) USD VALUE FALLING,
2) COMEX SHORTS OWNED BY THE 8 BIG US BANKS ARE SHORT & THEY HAVE HAD TO SELL BACK INTO THE MARKET WHICH STIMULATES THE PRICE,
3) COVID-19 FEARS ETC!
4) 8 YRS OF SLOW GROWTH AND THE (COILED SPRING) EFFECT.
5) 20-30 YEARS OF MARKET MANIPULATION BY THE LIKES OF JP MORAN, CITI BANK, BLACKROCK, THE L.B.M.A. (LONDON BULLION MANIPULATION ASS) & THE CRIMEX (COMEX)
.......ENJOY THE RIDE! 🚀 IT'S WONT BE COMING BACK ANYTIME SOON!
Silver should be 50% less then gold realy fly up sliver
38th
Don't give me a Trump coin.
Ill take aTrump coin from anyone too conflicted to hold it.
I'll take it WWG1WGA