SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (15480)3/16/2007 8:22:15 PM
From: 8bits  Read Replies (1) | Respond to of 217942
 
it is a lot easier now for silver to be squished to 130 by the hedge funds and sovereign strategic accumulation states than it was for the hunts and a few middle eastern friends to squeeze the metal to 50 back when

True, but can't one say the same thing for gold..?
Our Middle Eastern, Indian, and Chinese friends also seem to favor gold over silver, although when/if the rush begins all precious metal boats will rise. I think you can make the case that silver is somewhat undervalued relative to gold but I tend to think if silver is $130 then gold may very well be touching $4k or $5k, reflecting the historical ratios we saw during the last bull in precious metals.

and now silver is a lot more useful than before

How so...? Sounds like I am not up on the latest uses. I'll do some reading.