Silver value depends on oil and the stock market

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Freddy
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Silver value depends on oil and the stock market

Postby Freddy » 24 December 2016

Silver can go up in value. And it's through the gold/silver ratio. Everything can go up or down in value including gold when you compare it to other stuff such as land, food, etc. The dollar is a fake system not worth being compared agaist. Gold is scarce and it has to be mined, therefore it has value and this value can fluctuate from time to time because lets say for example in the beggining of time it was plentiful but now it is less plentiful therefore value increases, however due to technology in the past 200 years, its gotten easier to extract gold therefore this changes the value attributed to it.

Any thoughts? ;)

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Thornside
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Re: Silver value depends on oil and the stock market

Postby Thornside » 16 January 2017

Trump is going to ease up on mining restrictions by the epa and such, like the energy industry. This will create more mining production with a lower overhead creating more silver mined (a glut if you will, like oil). So, why would silver go up when most of what is holding it down will be eliminated? Wouldn't this mean cheaper silver?

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Tom Silver
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Re: Silver value depends on oil and the stock market

Postby Tom Silver » 21 January 2017

The idea is that gold and silver transport your wealth, large or small, THROUGH the collapse and out to the other side. Whatever the new system is, gold and silver will still be valued, as they have been for thousands of years.


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