Prof. Vinny did you mean down 10%, then never backup. Just asking cause, as they say, I'm already strapped in? How long to recover, if you have an opinion to offer?
Brilliant analysis starting at 16 minutes on how governments deal with things capital wants. The explanation of the 2 pressures on the US - protect the dollar and keep US asset pools on shore and adopt or die. Love the explanation either prohibit the asset or accomodation via financialization ie supervision and taxation. Example 1974 Gold Futures contract and then the gold ETF in the early 2000s. This is a primmer on how governments work. WOW!
Something I've not seen discussed on the topic of Silver collateralization: Silver is about 20 times more abundant in the earths crust than Gold. It also tends to be more concentrated in deposits where it is mined, so easier to extract. So, while there is a current Silver resource squeeze, it still makes more sense to construct a Silver ETF and use Gold as a sovereign reserve because it will be easier to keep up with demand going forward when mining more physical Silver.
Vince,
Would you consider using the silver pullback prices you indicated for physical to buy silver miners as well, particularly SIL and SILJ?
I would, if I wasn't already fully allocated.
Prof. Vinny did you mean down 10%, then never backup. Just asking cause, as they say, I'm already strapped in? How long to recover, if you have an opinion to offer?
Brilliant analysis starting at 16 minutes on how governments deal with things capital wants. The explanation of the 2 pressures on the US - protect the dollar and keep US asset pools on shore and adopt or die. Love the explanation either prohibit the asset or accomodation via financialization ie supervision and taxation. Example 1974 Gold Futures contract and then the gold ETF in the early 2000s. This is a primmer on how governments work. WOW!
Don't know where that chart's from, $50 in 1980 CPI adjusted is $208.
https://www.bls.gov/data/inflation_calculator.htm
Something I've not seen discussed on the topic of Silver collateralization: Silver is about 20 times more abundant in the earths crust than Gold. It also tends to be more concentrated in deposits where it is mined, so easier to extract. So, while there is a current Silver resource squeeze, it still makes more sense to construct a Silver ETF and use Gold as a sovereign reserve because it will be easier to keep up with demand going forward when mining more physical Silver.
Thank you, Vince. 👍🏻
MAgGA. Looks like it might be silvers turn to shine