Page 1 of 1

Silver Is Significantly Underpriced

PostPosted: Tue Jun 13, 2023 3:38 pm
by IdahoCopper
Silver Is Significantly Underpriced Given The Looming Supply Shortage

https://www.zerohedge.com/commodities/s ... y-shortage

In conclusion, the photovoltaic industry’s impending impact on silver pricing cannot be overlooked. As the silver shortages loom on the horizon, it is only a matter of time before mainstream media reports on these significant developments. Once the news spreads, we can anticipate substantial price surges in the silver market.”

Now is the time to buy while silver is on sale.

Re: Silver Is Significantly Underpriced

PostPosted: Tue Jun 13, 2023 3:48 pm
by Cu Penny Hoarder
Been hearing this stuff for a very long time. None of it ever comes to fruition. There has been short term retail shortages, but the inventory always comes back after a certain period of time.

TPTB just have too much control over the prices (via the paper market) and will smash down any major price increases.

PMs will soar in value ONLY when the banking systems fail and/or the USD becomes totally worthless.

Until then silver is still in a multi-year trading range. Wake me up when it breaks above $30.

Yes, buy more when the price drops. I think we'll see sub $20 sometime this year. Hopefully it happens slowly so premiums do not take off.

Never buy when the prices are rising and hype and FOMO have a strong hold on people. Use YouTube bullion dealer shills like Andy "I've never seen anything like this before" Schectman as a contrary indicator... it hasn't failed yet. Whenever he says that the price is usually topping out... DON'T buy any, because the prices typically drop right after that.

Remember... PMs are insurance, not a get rich quick scheme.

Re: Silver Is Significantly Underpriced

PostPosted: Wed Jun 14, 2023 10:08 am
by pmbug
Oh come on CuPH, you know you really want to post replies like this:

Image

Re: Silver Is Significantly Underpriced

PostPosted: Wed Jun 14, 2023 4:18 pm
by IdahoCopper
If the little video is meant to represent a moonshot, a Saturn V launch would be much better. An Atlas rocket has no chance of getting anywere near the moon.

https://m.youtube.com/watch?v=S2z1LqJoYcs

Re: Silver Is Significantly Underpriced

PostPosted: Wed Jun 14, 2023 4:31 pm
by 68Camaro
Statements like "Silver is undervalued" can be true, while at the same time price can be relatively unaffected by that, in the short term (and by short term, I mean less than 10 years). But if we are past peak silver, and the production data has been showing that are on the other side of that for many years, eventually cumulative demand will suck up all the elastic supply. That bad thing (or good, if you want a high price) is that many of the industrial demand segments are creating non-recoverable silver products such that at end of life the silver in them just goes into a landfill.

When demand outstrips all supply, "to the moon" occurs. We get close and closer to that point every year. Even if nothing else goes wrong in the economy, silver will be forced higher by basic economics and no amount of price fixing will hide that.

Re: Silver Is Significantly Underpriced

PostPosted: Wed Jun 14, 2023 6:57 pm
by Cu Penny Hoarder
pmbug wrote:Oh come on CuPH, you know you really want to post replies like this:

Image


lol - Someday perhaps and I hope so, but many of us here might be dead by the time it actually happens. :cry:

Like I said above, for silver to take off like that something very serious needs to happen... so far TPTB have always been able to rescue the system with emergency actions/bailouts.

Re: Silver Is Significantly Underpriced

PostPosted: Thu Jun 15, 2023 10:55 am
by pmbug
Cu Penny Hoarder wrote:
pmbug wrote:...
lol - Someday perhaps and I hope so, but many of us here might be dead by the time it actually happens. :cry:
...


I certainly expect to be (dead before it happens). Cheers (and thanks for understanding my post was just a joke).

Re: Silver Is Significantly Underpriced

PostPosted: Tue Jul 25, 2023 1:44 pm
by neilgin1
68Camaro wrote:Statements like "Silver is undervalued" can be true, while at the same time price can be relatively unaffected by that, in the short term (and by short term, I mean less than 10 years). But if we are past peak silver, and the production data has been showing that are on the other side of that for many years, eventually cumulative demand will suck up all the elastic supply. That bad thing (or good, if you want a high price) is that many of the industrial demand segments are creating non-recoverable silver products such that at end of life the silver in them just goes into a landfill.

When demand outstrips all supply, "to the moon" occurs. We get close and closer to that point every year. Even if nothing else goes wrong in the economy, silver will be forced higher by basic economics and no amount of price fixing will hide that.


R68, you know what i been saying for years, by the time shiny shiny goes parabolic, TPTSNB will declare Ag a "vital national security resource" and ban private owner ship, as the last greatest President said, that would be Ike, "i know how these boys operate"...i'll say it again, learn how to operate in the black market.....i thank the Lord i live in a land that has a robust Amish community, and they know the VALUE of Ag, they grow lots of food, mill wood, etc.......