Hey SteemSilverGold Community, I want to pose a question to the BUGS. Which Metal do you think will Lead the Surge, Gold or Silver? I have thought about this for a while, will the size of the Gold market overwelme the manipulators and take silver with it. Or will a supply shortage of silver cause the price to skyrocket and take gold along for the ride?
I hope you enjoyed my post and thanks for the visit, cheers.
If you go by the long term average gold silver ratio of 16:1 that's 5 times less than it is today. So I think silver has to move 5 times more than gold, so I think silver will lead gold. :o)
I think you are pretty close to spot on there, as they say silver is the most undervalued asset on the planet. thanks for the comment agaupt, cheers mate.
I agree with your way of thinking, but there's a Transfer of Wealth heading our way that's going to blow your mind... I solved the Nightmare, brought on by the Central Bank Owners...
Personally I don't think anyone knows where all this is heading, even the ones running this shit fight. So my answer to your question is I don't know!!!
I think you are right lyrica, no one knows what coming down the road but the road is going to get very bumpy, cheers mate.
Great Question @silverbug - my first thoughts, it would be Gold leading the surge because we hear a lot more about Gold in the MSM lately, however after further thought with all the new technology to be rolled out over the next few years and beyond,
I'm thinking Silver is much more likely to do something really crazy like a quick-fire 10x move because of the industrial demand - Silver is the Secret that the MSM will not talk about, so I think Silver will lead Gold.
I think the capping of the silver price is number one priority for the central banks, even more so than gold. The silver market is tiny compared to most markets and would only need a small inflow of capital to cause silver to be splashed all over the front page of every newspaper in the world, then add new industrial demand on top of that. Ten times might be tame my friend, cheers mate.
we must be talking about 50x - makes sense ;-)
Gold will win. Silver has been demonetized and is mined for industry. If demand for silver will go up, mining will easily match it. The silver reserve is pretty small compared with ability to mine. So silver's price will mostly match its value as a commodity on the free market.
With gold, on the other hand, mining can't be increased so easily and can only be increased by a small percentage of the reserve amount. Any upward pressure thus assures a price increase in gold. In silver, it simply insures a growth in mining.
If you look back at history silver has been used as actual money or currency a lot more than gold has. Gold has been mostly used as a savings vehicle or as a reserve, but silver has always been the true money for thousands of years. Thanks for the reply my friend, cheers.
This is true.
What I think has happened is that technology has usurped silver. With the advent of checking accounts and fast communications starting with the telegraph, gold has been able to be divided into small amounts needed for everyday transactions as everyone's accounts could be quickly updated. So, silver slowly lost its monetary use case to gold. So this reduced the demand for silver back to its industrial commodity price, and the modern ratio between gold and silver reflects this. Gold is still monetized, at least as a store of value, so its price remains high compared to demonetized silver. I wondered for years on the huge ratio of gold and silver in modern times, ad I think this may explain it better than anything else I have come across.
I mean, the modern ratio was really a bee in my bonnet...lolz. I was so desperate I started reaching out to conspiracy theories for explanations. But this at least seems to make some sense.
I think the only chance humanity has of freeing ourselves from these filthy banksters is to go back to a silver coinage that's in our hands. The gold standard or even the bimetallic standard just doesn't work long term because the thieves still control the actual metal, and as they say "He who holds the gold makes the rules". I think the only way we will ever throw off the shackles is if we the people hold the gold and silver in our hands, cheers mate.
I like this question a lot, because it really is prevalent. Gold has been the standard for precious metals forever, and generally when Gold moves everything moves. This time, however, I have to go with Silver. Silver will be in shortage (China is stockpiling silver to take on an ambitious cloud seeding project dropping snow over millions of acres) and the price could skyrocket. Easy, skyrocketing silver is talking $5/gram. That would be a 1000% increase, though.
Gold is probably going to ride the wave, but there are some big issues hitting Gold right now. The trade war between the U.S. and China has seen the institution of two new cryptos:
*Yuan-Oil Future
*Petro
Gold is not a currency as per 1972 law, but it's the number one currency used to purchase oil. Crypto itself has made major moves in the way money is transferred internationally, but these two new cryptos strike at the heart of everything Gold stands for.
I don't think crypto is going to kill Gold, but it has done a number on Palladium. Gold has more uses than Palladium, so a 10,000% drop isn't likely, but Gold isn't going to grow to the heights of June 2002. Crypto is why.
Silver, or any other precious metal having a run, will bring Gold along for the ride, but were talking maybe worth $100/gram at best. The best thing about Silver is the price and the percentage of change in value when it's just one penny. That's why I love penny stocks and ICOs. Growth
Image Source: Pixabay
Thanks for the great reply, I pretty well agree with everything you have said. I think the gold market is quite small compared to all the assets on the opposite side and when the market panics there aren't many places this mountain of money can hide. just to add to that the central banks will probably gobble up a very large piece of this very small pie, so I think gold will go up in multiples as well. Cheers.
You're going to go nuts when you stumble upon my Pocket Change Theory... Many of your points fit in very nicely with what I think is heading our way...
Since after a couple thousand years, an ounce of Gold will still "only" get you a new Suit of Clothing, I'd have to place my bet on Silver...
Thanks for the reply, I agree with you on the silver being the best bet. I think gold has been manipulated for so long now that it is way below fair market value and when they loose control, it will buy you a dozen suits my friend, cheers.
The trouble I see with your way of thinking is that The Central Bank Owners have us all trying to out guess the Manipulation and Fluctuation... Gold is what it is and it hasn't changed in thousands of years... The Central Bank Owners are making a killing off our belief that we can make a Profit... Good luck trying to buy low and sell high... Some will make a profit, but most of us will loss what little we have... It's almost like Gambling in a Las Vegas Casino...
The real way of thinking is that your not making any profits, you are just not losing everything like everyone else. Precious metals are just a metal that happens to be a lot scarcer than other types of metal, like copper or zinc, that is the only difference. So no I don't see it as gambling, because by buying metals you are cashing in your chips (fiat) and leaving the casino to watch it burn. cheers.
My point was the Fluctuation... It's not easy to guess the best time to buy or sell... I have one follower who needs to cash in a lot of his stack, and he's doing this at a loss... That's why I call it a Gamble... I have a decent size stack of both Gold and Silver... I bought at very low and some high prices... So far, I've been fortunate that I haven't been in a position to sell at a loss... I see where you're coming from... I like the fact that I have Gold and Silver as an option for surviving unknown future events... Thanks for giving me your point of view...
Thank you for your continued support of SteemSilverGold
Free Upvotes
ENJOY !
Thanks for your vote, cheers.