https://www.youtube.com/watch?v=dAw6moMqETQ

Higher than you think,, consider how high you think it might go and then ad x10 or x100...

Why don't you own physical Gold/Silver?

Both are still on sale,, still way below their perspective top in both cases...

https://www.youtube.com/watch?v=gdb1T30j440

"Why don't you own physical Gold/Silver?"

Except for certain industrial and commercial applications, gold and silver have no intrinsic value. They are only worth what people choose to believe they are worth, just like with currency. Perception is a very strong force in cognitive humans, and over the last couple thousand years, humans have collectively decided that precious metals are "precious." Fortunately, currency is easier to carry around in my wallet. And crazier than that, is the perception among cognitive humans that the Mastercard in my wallet equals a promise by my bank to transfer digital equivalents of currency to the bank of vendors who sell me stuff. No gold, no silver, no currency, just the cultural fiction that money equals whatever the collective "we" in this culture decide it is.

There is actually quite a bit of industrial usage for silver. Gold not so much. When the historical average of gold to silver ratio plays out, silver should go up almost double and could easily hit $100 an ounce in the next year or two. It’s very possibly that it could go even higher than that. Given its increased industrial demand and gold’s lack of intrinsic value, I’d say it’s almost certain.



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I learned a new term last week: cultural fiction, which is basically all the human knowledge that is not empirically derived. So the value of gold, silver, currency, and anything you can't eat, wear, shelter in, or use as a tool, is cultural fiction. Religion, governments, and politics are all cultural fiction, created devices that work for a society only so long as the majority of people agree to abide by or believe in them. Chaos and American government coming apart at the seams are the products of deliberate and maybe some unintended efforts to undermine trust in government and institutions (like NIH and CDC) that Americans have long believed in. Quite interesting to me that societies and entire civilizations function only because populations have come to believe in or at least abide by, a variety of cultural fictions.

let me learn you something else salmmy. Nih admitted that they used us taxpayer $ for gain of function research in wuhan. The same thing fauci lied about to congress, under oath. Then biden pardoned him. Its no wonder that their not trusted. K. Back to the silver.

Current industrial use of silver in solar panels, EVs, cell phones, ect is 680-760 million oz per year. The entire investment community holds around 3000 million oz, so around 4 years of use. But we also mine silver, we mine enough but there are only roughly 26 years left of silver reserves left in the ground. Global mine production fell short the last 5 years in a row because there are other uses of silver. Silver prices are primarily driven by robust industrial demand, which outpaces limited supply, with investment speculation amplifying but not leading the trend. Investors chase industrial-driven scarcity. Speculation follows these fundamentals, not the reverse. We are not choosing to believe what silver is worth, it's supply and demand.

There is an artificial fiat price on currency including silver but because silver is not just a fiat currency but also a commodity currency you also have to look at the commodity pricing angle and with this industrial use there is demand.

Over $53 an ounce and still climbing. Better get it now before it’s too late. It could breakout any Tuesday now.



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