Silver is defying inflation!
How about that? Everything else is going up and up (especially the price of hamburger) but the price of silver is just going sideways.
You would think that there was an infinite supply of silver, and silver wasn't used for anything except some jewellery… oh wait, that's gold.
Silver has the most industrial uses after oil. Every computer chip, solar panels, cell phone, computer, water pipe joint… And we still use it for jewellery and coinage.
We use more silver each year than what is reported to have been mined. It boggles the mind. Where does this extra silver come from? Why is a years supply of silver bought and sold on the COMEX every single day? The price of silver is obviously being manipulated.
Silver is manipulated
Silver is obviously manipulated. If you bought silver at the close of the COMEX every day, and sold when it opened, you would have made money about 99% of the time. No market only goes in one direction.
The speculation is that silver prices are kept down, because if they went to the real value, that people would really question the value of the dollar. What would you think of the value of the dollar if silver went, in your life, from $5 an ounce to $500 an ounce. You would clearly see just how much purchasing power the dollar.
Someday (we have been saying this for a while) silver will go to its actual value. And the people holding silver will be talking about having generational wealth. Silver is really that valuable.
The future of money(s)
You can buy a whole tube (20 - 1ounce rounds) for about $500, today. Sometime soon, we expect that same tube to be worth $10,000 or more.
Only one problem with this. When we make it to those valuations, it means that the Fed and or the COMEX has collapsed, or in some other way lost control. (maybe the bitcoin ETFs show how fraudulent the ETFs are, and so, the COMEX is pretty much shut down)
However, during these coming tumultuous times, you will be very glad that you have some silver. As it may be the thing you use to buy groceries with, when the dollar has failed. (there will probably be a transition time after the dollar dies, and before bitcoin fully takes over)
But, this is all speculation. We have never really had all the fiat currencies around the world die at the nearly the same time. And we have never been so ingrained to just paying everything with a credit card. We are so far removed from the times when we would assay wealth and then purchase goods.
Future Tech
Of course, none of that may happen. We may shift seamlessly to cryptos, and the dollar is just forgotten. The only people effected are those who still want to write a check and want to ring the operator and ask to be connected to Cincinnati 304.
But, even in this utopian vision, silver's price is going to skyrocket. This will be due to new technologies that need silver.
There is a thing coming, that measures a person, kind of like a energetic finger print. So, you take this little chip of silver and place it against your skin. This connects to your devices, and basically is your permanent phone number. It will probably be enmeshed with all technology in the future.
Anti-gravity is coming, and it looks like that technology will use silver. Hoverboards? You want one, you will soon get one, as long as you can pay the price for the silver.
Silver will be really valuable in the future.
Silver is on sale today. I really suggest you buy some at these ultra low prices.
I don't know if silver will do better than altcoins this year, but it solid. You can hold it in your hands. And i doubt anyone will be saying, i wish i didn't buy silver.
If you want to wait for the last second, then really watch the silver price. It will go up a dollar a day for a while, then $5 a day. The price will just march up. Try to buy as early as possible.
Actually, just buy now.