RE: Keep a very close eye on SILVER this week..!! China Market re-opens after their week holiday..!!

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Keep a very close eye on SILVER this week..!! China Market re-opens after their week holiday..!!

in silver •  8 years ago 

You could be right. But will that happen because silver is worth that or because the dollar will collapse? $700 in 2021 might still purchase the same as $18 or $19 in 2016. I think people look at the change in price being worth more but its actually the dollar that collapses. IMHO

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It will be a combination of both plus a third one you have not mentioned above. The dollar will loose value, Silver will be worth more, but the 3rd is the most important one and that is ALL SILVER DERIVATIVE CONTRACTS will be put on to the BLOCKCHAIN which will cause a huge spike up..!! Stephen