• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

What drives the Silver Price -- Supply or Demand?

Goldhedge

Moderator
Site Mgr
Sr Site Supporter
GIM Hall Of Fame
Joined
Mar 28, 2010
Messages
52,593
Likes
98,972
Location
Rocky Mountains
#1
 

southfork

Mother Lode Found
Mother Lode
Site Supporter ++
Joined
Mar 31, 2010
Messages
16,537
Likes
15,811
#3
The fraudulent government dictates silver prices
 

Treasure Searcher

Platinum Bling
Platinum Bling
Joined
Apr 1, 2010
Messages
4,727
Likes
3,556
#4
Price manipulation.....
 

glockngold

Gold Member
Gold Chaser
Sr Site Supporter
Joined
Mar 31, 2010
Messages
3,579
Likes
4,851
#5
For something to be driven,
Doesn't it have to move?
 

Silver

Platinum Bling
Midas Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
7,256
Likes
12,279
#6
The more they print, the cheaper silver is. Makes sense.
 

solarion

Midas Member
Midas Member
Sr Site Supporter
Joined
Nov 25, 2013
Messages
6,906
Likes
10,830
#7
For something to be driven,
Doesn't it have to move?
It moves alrighty...it has moved down by 67% vs the dollar in just 6 years...even while the dollar was being printed into oblivion.
The more they print, the cheaper silver is. Makes sense.
Exactly. No other commodities behave this way...at least none that I know of.
 

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
17,888
Likes
18,399
Location
Watching the Sideshow!
#9
Demand for silver.
Supply of silver.
Demand for the currency you are paying in.
Supply of the currency you are paying in.

ALL OF THE ABOVE, ALWAYS.

It is never just one factor, alter the balance of any of the above and you will see price movement.

The issue muddying the water is the financial worlds use of futures as a paper proxy for the real thing. All that ever does is drive the price too far, both up and down... remember that when we hit the highs, they will be as artificial as the lows thanks to paper and leverage.