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The Price of Gold and Silver (Read 496 times)

Boris Gold Member Offline Australian Politics Posts: 3977 Gender:	The Price of Gold and Silver Dec 12^th, 2022 at 9:25am I keep hearing that both will soon explode upwards. I believe there may be something in it. It makes sense to me. All other assets have turned to excrement.. Hi Ho Silver
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Boris Gold Member Offline Australian Politics Posts: 3977 Gender:	Re: The Price of Gold and Silver Reply #1 - Dec 12^th, 2022 at 9:28am
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Jasin Gold Member Offline Posts: 47305 Gender:	Re: The Price of Gold and Silver Reply #2 - Dec 12^th, 2022 at 9:51am I invest in Platinum and rare metals, stones. Gold and Silver is for the peasants.
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Boris Gold Member Offline Australian Politics Posts: 3977 Gender:	Re: The Price of Gold and Silver Reply #3 - Dec 12^th, 2022 at 10:06am The price of Silver is very low They need it to make Electric Vehicles - and they do not have enough so the price must explode upwards. It is now $34 an ounce and could well do a Palladium and go to over $2,000 an an ounce. Peasants indeed
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Jasin Gold Member Offline Posts: 47305 Gender:	Re: The Price of Gold and Silver Reply #4 - Dec 12^th, 2022 at 10:08am And everyone buys into it. Then out of nowhere - suddenly more Silver appears and the price plumets on all those who bought into it. Silver is not a safe bet. It's happened many times before. Same with Gold.
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MeisterEckhart

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Australian Politics

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Re: The Price of Gold and Silver
Reply #5 - Dec 12^th, 2022 at 10:11am

The BRICS nations are investing heavily in gold, (particularly China and India). China's publicly released data on its recent gold purchases indicates its intense interest in gold.

India is purchasing gold as well but those purchases are currently exceeded by its purchases of silver. This is an indication that India is stocking for its increased prominence in the electric vehicle market. A fully electric car requires about 25-50 grams of silver for each vehicle.

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Jasin Gold Member Offline Posts: 47305 Gender:	Re: The Price of Gold and Silver Reply #6 - Dec 12^th, 2022 at 10:14am I'm still seeing 'Electric' as the red-herring. After the World War. Most things will be running 'atomically'.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

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