backwardation. If silver is in backwardation because is becoming a fiat corrency, it is important to explain that the real value of silver then as a money is around 80 to 100 dollars. How can you said that silver will worth less in the future? Please I need to understand what are you saying
silver bulls wanting physical silver despite immediately despite the loss of interest and opportunity cost is analagous to buying silver on margin. Buying into a bubble on margin is the classic sign of Kondratieff autumn (the climax of the bubble) when the rise in the price of the commodity will begin to exceed the rise in the income (or credit) with which to continue buying. As income falls and credit tightens, the bubble mania progresses until buyers cannot continue to buy (deflationary bust)
"silver bulls wanting physical silver immediately" Yes, that's exactly right. Because those who took delivery are now in the win column. That's the point.
that is, assuming silver bulls haven't bought into a bubble. a bubble climaxes and pops when bulls are so driven to buy that they buy on margin at rates that outpace their incomes.
Don't buy silver on margin. Maintain an emergency fund of 6 months living expenses in cash or cash-and-silver. Store 3 months of food and water before you buy silver. And if you buy silver, prepare to hold for years while deleveraging continues to unravel the US and Western economies. Deflation before inflation.
"silver bulls wanting physical silver despite immediately despite the loss of interest and opportunity cost is analagous to buying silver on margin. Buying into a bubble on margin"
No. Fail. They are nothing alike. Bubbles are unsustainable. Buying on margin requires other's capital and the speculator *can* be 'margin called' and therefore unsustainable. When physical silver is bought and paid for the owner *cannot* be margin called. Therefore the high price is sustainable, although not likely
Mr runtogold, why not look at bid to offer? on diffferent month contracts
optionsupdate 1 year ago
backwardation. If silver is in backwardation because is becoming a fiat corrency, it is important to explain that the real value of silver then as a money is around 80 to 100 dollars. How can you said that silver will worth less in the future? Please I need to understand what are you saying
SilverRose09 2 years ago
Trace Mayer invented this term backwardation.
stalepie13 2 years ago
silver bulls wanting physical silver despite immediately despite the loss of interest and opportunity cost is analagous to buying silver on margin. Buying into a bubble on margin is the classic sign of Kondratieff autumn (the climax of the bubble) when the rise in the price of the commodity will begin to exceed the rise in the income (or credit) with which to continue buying. As income falls and credit tightens, the bubble mania progresses until buyers cannot continue to buy (deflationary bust)
herbs814 2 years ago
"silver bulls wanting physical silver immediately" Yes, that's exactly right. Because those who took delivery are now in the win column. That's the point.
JRCrowley 2 years ago 2
that is, assuming silver bulls haven't bought into a bubble. a bubble climaxes and pops when bulls are so driven to buy that they buy on margin at rates that outpace their incomes.
Don't buy silver on margin. Maintain an emergency fund of 6 months living expenses in cash or cash-and-silver. Store 3 months of food and water before you buy silver. And if you buy silver, prepare to hold for years while deleveraging continues to unravel the US and Western economies. Deflation before inflation.
herbs814 2 years ago
"silver bulls wanting physical silver despite immediately despite the loss of interest and opportunity cost is analagous to buying silver on margin. Buying into a bubble on margin"
No. Fail. They are nothing alike. Bubbles are unsustainable. Buying on margin requires other's capital and the speculator *can* be 'margin called' and therefore unsustainable. When physical silver is bought and paid for the owner *cannot* be margin called. Therefore the high price is sustainable, although not likely
RunToGoldDotCom 2 years ago
Is the current price of silver sustainable? Or is it overbought, in a terminal 5th wave up (with a lower macd) in a broad deflationary environment?
Have your 6 months of living expenses and 3 months of food and water stored before you buy more silver.
And don't get too excited until silver holds 21, not 16.
herbs814 2 years ago
@herbs814 holding $35!!
MorpheusWasRight 1 year ago
China is looking more free market than the US.
truthsabre7 2 years ago 2
yup I like this guy...... a lot
fox20012 2 years ago 2
Great information! Thank you.
fal2grace 2 years ago
I'm doing my part to add pressure. I just bought another 60 oz yesterday. Boo-ya!! lol
Thanks!
medulalumosa9 2 years ago 7
@5:42
"Beijing put" - nice one!
MengersDisciple 2 years ago
That's what a lot of people are calling it
vinny1010 2 years ago