/biz/ - Business & Finance

>>56858344
>Why would silver go up so much in price?
Historical precedent, known market suppression and speculative global green energy market. While I'm not a silver cultist, I know from my own research that the value of silver exploding in the future isn't unfounded.

Historic Precedent:
Gold/Silver ratio 15 to 1. Now the Gold/Silver ratio is around 80 to 1.

Market Suppression:
Derivatives are used to suppress price to calm market spikes and for the scum that own these markets like LME to get metals at a cheap fiat price.

Speculative Global Green Energy:
Demand is outstripping supply. We need more of everything at an increasing rate, but prices don't budge because places like the Comex fill up the registered pile of silver from the eligible pile of silver whenever there's a annual silver mining deficit.

>>56678650
Silver (and gold) markets are manipulated with derivatives. If silver was so worthless why bother with derivatives, especially a derivative market as large as the silver derivative market. If you banned derivatives the price would go to the moon, which is entirely the point of draining the Comex because no registered means no price manipulation.