OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Nice catch on your silver buy, you avoided a jump in price today. I see silver has been selling $10 over spot.
This may sound strange, but sometimes I think Silver is over priced compared to Gold. Because going back to the early 1970s a ball park figure I use to adjust for inflation is a factor of 20.

Back then, Silver was $1 per oz, times 20 is $20/oz today. Gold was $140/oz, times 20 is $2800/oz today. Besides that it’s not practical for banks and governments to buy silver because a multi million dollar investment would take up too much space.

Silver I think needs popularity with the masses to get real high like in the 1970s. Then the price out paced Golds price. Silver went from $1 to $50, gold only went $140 to $800. Blue chip action versus small cap? Nice jump today AU AG.

https://finviz.com/futures_charts.ashx?t=METALS&p=d1

maybe they last couple of days of strength in the shares was actually indicative of higher metal prices?

Long way to go, just hope this little rally doesn’t fade.

Coming down the mountain in a blizzard
https://railpictures.net/photo/766759/

My order already shipped. Another place I buy is about sold out of things I was looking for so went to Apmex a bit higher like 800 something for the tube each compared to little over 700 but still there. If it does keep going lower I fear it might get sold out like the other place. Then again if it becomes in a demand either way it could sell out or they’re holding out for higher prices.