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Strategies & Market Trends : The Aristocrats (tm)

NNVC 1.450

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Nov 14 9:30 AM EST

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From: sense	7/14/2021 1:06:53 AM
	of 5621

Silver to the moon ? Before posting next post, want to address silver's price upside and its limits... Should note right off that I've not been one of those to shy away from big upside guesses for gold... IF they end the price suppression... and IF they remonetize it... Divide the money there is by the gold there is... and get the price... You end up with gold around $80,000 per ounce to get 100% backing. That's probably why they won't go for 100% backing... but some mushy basket of this and that and a lower % ? Then, of course big moves like that will mean $ losing value as much as gold gaining it... long term... so any crazy short term moves higher will have to be exploited before sanity is restored. Sell high... buy other hard assets... and buy back lower. But, I have not supported that idea in silver. It seems unlikely silver will be similarly remonetized, but it will follow gold around without either of them being remonetized. Silver isn't nearly that scarce... it mostly suffers from successful price suppression efforts making the known silver that there is uneconomic to mine. The suppression transfers the value of metals from miners to bankers and industrial users... so why would they stop suppression efforts... no matter what happens in money markets ? Monetary issues seal the deal... or will... until the fraud of imposed shortages begin to impose limits on industrial production... Double the price to $60 (2011 dollars without inflation) and the market will resolve silver supply shortages in 3 - 5 years. But, inflate... and adjust that number higher. Silver likely will go higher than $60, in a short term move higher, still, just as all other industrial commodities run much higher when there are demand surges and supply shortages... before they can be resolved with a re-balancing through ramped-up mining output... but, otherwise... short of it being made a monetary metal again ? Nope. But, silver miners would make a LOT of money at $60 silver... and win much higher multiples... and silver miners will run higher with the metal when shortages force the issue of price suppression efforts killing supply of critical materials. The "to the moon" prices are possible in a short squeeze... or in a real supply crunch... under accelerating hyperinflation or sustained high inflation over years (as will happen over the next 3 years or so) just don't expect those prices are going to stick for very long... Sell high...

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