RE: Silver Bull Market

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I seems so strange that the silver price is so primarily dependent on a paper futures price. The manufacturing demand being secondary with actual investment price playing hardly any role in the market. The value of silver is much lower than what the market appears to portray. Over the last few years have been a 200 million oz supply deficit, peak silver production has passed a few years ago and the average silver production is declining. The major silver producer Mexico is considering Nationalizing it's mines. With all this happening and a variety of favorable converging factors will make silver demand and price continue it's trajectory. Silver is still cheap, and I will keep stacking.

Always, with love 🤗🌺❤️
!LADY

hive-167922
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(Edited)

Ms. Ravenhill @kerrislravenhill
Happy Halloween, I am giving you and Ms. Saver @silversaver888
A Jack O Latern because I want to see if it keeps the Pumpkin or if it changes back after Halloween........... Splinterlands Gift for Each of You

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The Lore .............

There is a famous circus camp in the Smoldering Forest of the Burning Lands called The Sirk. It has the boldest daredevils, the most agile acrobats and the most distinguished freaks anywhere in the Splinterlands. These performers are especially well known for their daring games with the most dangerous creatures in the world. They hold staring contests with sabrecats and shut themselves into small boxes with rabid Maglarian wolverines. When it comes to snakes, these daredevils have one rule: Don't mess with a Uraeus.

!LUV

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(Edited)

When you look closely at silver prices, it is investment demand that drives it. Fabrication demand will help, but it is really investment demand.

The real reason is investment demand... and behind that are the economic and political realities that we are all facing globally right now. Fabrication demand is in there, and it is an important factor, but it will not drive the price of silver higher based on fabrication demand. Or that they're running out of metal, or the Comex or London inventories... those things are fantasies!

And if you want to know the wrong reasons and why they are wrong, just think of any one of those that you've been hearing for years... and it hasn't come true. It hasn't happened, and it hasn't yielded unrealistically high silver prices on a sustained basis.

You could believe it if you want, but you can't know that's the way the silver market works... because the silver market does not work that way!

So expect a price spike, and expect the price to come down. Why? Because that is how the silver market works.

There is an enormous amount of silver in the world- refined and yet to be mined. That is fact, and not an opinion.

You can find people who want to believe other things. But they are believing stuff... not knowing it. The data is out there, if they want to know it.

If they don't want to believe it, they can ignore it.

Much !LUV sis🤗🌺❤️
!LADY

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Thanks Sis.

Wow, I may be back next month for my next brain tune-up.😉

I’ve already figured the claim of a monster box worth of silver is destroyed for every Patriot missile fired. I couldn’t find the source information despite a half dozen Stackers making that claim. I think Junius Maltby help put that story to rest.

The claim that Russia was going to create a silver, palladium, platinum, etc. reserve was circulated by at least six or eight Stacking channels but never materialized nor able to find the source document from the Russian Resource ministry.

Got to check, check, check!

🤗🌺❤️

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