TTTTT, I know
Comments
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Neither is love. They all cost money ... honey.PurpleThrobber said:
Pretty much.creepycoug said:
So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
Which is why the Reddit bros see it as a ripe target. It’s also a fairly small market. This may also be the vehicle where the preppers can name their price and sell off physical silver for a shit ton of money. Guns and religion ain’t cheap you know.
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Word. Pretty sure Mrs Throbber v2.0 single handedly saved the economy of the inland northwest today.creepycoug said:
Neither is love. They all cost money ... honey.PurpleThrobber said:
Pretty much.creepycoug said:
So let me ask you guys about this silver real to fake ratio. Is it like a bank in that it's not a problem so long as we never have a day where everyone holding paper doesn't freak out and call for their real silver to be delivered?PurpleThrobber said:
All true - didn’t fact check the real to paper ratio but it’s up there.godawgst said:My dad follows the silver marker pretty closely and is saying the same thing as the article does. He also has read (don't have who wrote the article) that there is only once physical ounce out there for every 186 paper ounces.
Also says that the miners have only been to pull out of the ground 20% of what the manufacturing market needs (chips, equip, etc) are in the last few years.
Silver is used in a ridiculous amount of industrial and commercial products (gold too). The key thing is silver is the best conductor of electricity which powers, you guessed it, electric vehicles.
The green new deal is a worthy goal but there’s a disconnect between the extractive resource policies of Obama/Baiden compared to Trump. It takes a long time to get a mine through the regulatory approvals - like years. Aside from the fact that exploration activities ground to a halt for about four years during Obama’s second term because the price of gold and silver were being manipulated by the banksters, it will be several years before enough new production can ramp up to meet demand.
Which is why the Reddit bros see it as a ripe target. It’s also a fairly small market. This may also be the vehicle where the preppers can name their price and sell off physical silver for a shit ton of money. Guns and religion ain’t cheap you know.
