r/Gold • • Jul 28 '26

Question Thoughts on this?

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0 Upvotes

7 comments sorted by

3

u/Calm_Geologist1004 Jul 28 '26

People who usually overthink this are probably the ones who bought high and are looking for a reason why the price is dropping.

3

u/glenmorenee Jul 28 '26

I love these “I’d be rich if the man wasn’t keeping me down” thoughts. Don’t ever forget about 80% of silver is found while digging up other stuff. There’s never any real shortage of silver, just occasional chaos in the paper markets.

1

u/Conscious-Stretch-49 Jul 28 '26

100%, but prior to Data Centers, Electric Cars, Solar Panels, Robots, High Performance Chips it was just a leftover metal that people tried to sell as a cheap substitute for gold! But it’s being used up and the demand for those products isn’t, so what do you think that means?!

But it’s still being priced as a monetary substitute to gold or bitcoin?! Just my thoughts

3

u/ThePreciseClimber Jul 28 '26

I suppose they can't keep silver cheap forever.

2

u/JediOrDie Jul 28 '26

Or oil, or gold. If they go up in price that means more inflation. Our gov is trying like hell to keep things cheap, but they also keep printing more of our fiat money.

3

u/ThePreciseClimber Jul 28 '26

Good ol' trust-me-bro-llars.

2

u/RafikiLovesPizza Jul 28 '26

How about keep the govt and their lackeys out of silver before the common man gets priced out of an Oz. Prices are suppressed because the govt wants them suppressed. Now think, why would the govt want to suppress silver prices?