spookyandroid

And its that sort of viewpoint that smart money would want you to have. You offload your silver whilst they buy it cheap. You can see there are large shorts open on paper silver which are increasing in fees, meaning it will likely come to an end soon. Premiums are increasing on silver and I've heard rumours that many brokers are running low, US mint has also apparently ceased to mint any new silver. Perhaps someone with more info, I.e. a broker or someone working at a mint could further confirm or deny? Personally I don't find it to be a case of missed perfect storm, just because it didn't happen or feeling are that it won't happen. Its not if, but when, so for me its just more reason to think when it does happen it will be even more volatile. The state of what were in economically is gargantuan in comparison to prior recessions and is yet to be felt, at that point, when SHTF silver and gold will go vertical - IMO of course, based on what we've seen historically. We are not yet at peak pain, I do think its going to happen soon however.

Not sure if it's been said, but a direct exchange of silver for goods as opposes cash would seem the obvious solution, the assumption being that anyone is willing to do that. It could pave the way for a new type of brokerage as I feel many will want to avoid the CBDCs system.

Silver is prime to explode IMO. Fiat (mostly USD) is currently rallying, without logic or reason, whilst simultaneously being irrecoverable, regardless of tack, growing an economy and paying off debt without affecting interest rates and running up more debt. Zero chance. So economic hardship, twinned with a new "greener" outlook, of which silver is a main component, its hard to see these price levels hold much longer. Obviously everything is speculative unless you're an inside trader but seems a no brained to me.

Thanks guys and gals

Thanks!

Hi all, Silver and gold stacker here, mostly bars with some coins too. If anyone actually has some adamantium, I'd certainly be interested in discussing this fictional alloy with you. Found my way to this forum whilst seeking more info on other silver enthusiasts being as most of my friends aren't into PMs. Hoping I can contribute to the forum in a positive way. Spooky.

Apologies - no problem.

Not sure it'll affect the money printers - it should, but ultimately, we're moving "digital" - CBDC's (Central Banking Digital Currencies) which will provide even easier scaling up (and maybe down). The overall issue is that economic growth can only be sustained via population growth and we're at a pivotal point in humanity where jobs are being replaced by machines, this will only accelerate over the coming years, meaning we're surplus to requirement for the most part. Longer term we're likely headed towards a dystopian UBI based, social credit system whereby capitalism is phased out in favour of the some sort of Socialist setup. ...I'll go set my tinfoil hat down somewhere now.