http://www.englishforum.ch/sale-want…re-zurich.html
You could buy silver in this form as investment.
http://www.englishforum.ch/sale-want…re-zurich.html
You could buy silver in this form as investment.
Bumping an old thread…
With silver price at 27$ at the moment (almost 2 times less than last year) anybody thinking of buying now?
Once the little people start to sell their hoards, who knows how low it will go.
I think the price of silver might well go lower in the short term (however long the short term is!!) but the situation will still remain the same so much money has been pumped into the system…at some stage the chickens must come home to roost and when inflation inevitably kicks in as it must what use will cash in the bank be then?? Some form of investment is needed to hedge your cash (if you have any) against the loss of value which will follow! Apart from property ,Gold and Silver I am not sure what else there is?
With the benefit of hindsight, we now know it dipped below $15.
Now after the huge silver peak in 2011, it looks like we’re headed for another one.
There was a huge bust that bottomed out around 2015 and stayed low until around 2020:
The silver price picked up just before Covid, but post-covid speculators in silver have had a rough time in the last few years:
Now silver’s fortunes seem to be turning around. With many US banks short silver, some are now speculating on a silver short squeeze.
Maybe we’re at the start of another boom/bust peak.