Jump to content

Why The Silver Squeeze will Only serve to drive up PREMIUMS on silver & not it's fundamental value!

By BackyardBullion, 30/04/21
  • 160 views
  • 1 comment

Why The Silver Squeeze will Only serve to drive up PREMIUMS on silver & not it's fundamental value!

Recommended Comments

Comments

I'm new. Really new. And, watching some of these videos, you're being convinced that the sky is falling in, that China is able to fully manipulate everything, all the time, that this group and that group have all gotten some influence over the silver spot price.

One is just a guy and his coin dealer ranting about immigration affecting jobs and somehow connecting that with the silver price. 

It's all just a bit sad to watch, and puts me off the reasons for silver buying as a hedge against inflation and a decent store of wealth (but, for the premiums...)

This video is so refreshing. I bought your Valiant 10oz as my first purchase, moreso because its just a beautiful piece. I bought the TSF 2018 round too. Beautiful coins / rounds that have limited availability.

Am I buying 25 Silver Brits for £710? At £10 per coin over spot, 55%?? Hell no. I'll wait a couple of years to rinse out those premiums - we are in this for the long haul, after all, aren't we? Inflation needs to compound on its current trend for about 4 years to hit that sort of similar "cost" as that premium. I'm sure there's something I'm missing, but that's just travelling potion salesman stuff, seems to me.

 

Thank you for some sanity 😌

Link to comment


×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use