How long will the silver manipulation continue? After being ripped off of my bitcoins when Mt.Gox was hacked I decided to go all in on silver! I guess I should have bought more bitcoin back then, but you can't change the past! I'm still holding my silver and waiting patiently! Anybody have an opinion on when the silver price is going to explode to the upside? I feel like it's going to be soon!
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Waiting for the end of silver manipulation is a suckers bet. It may, one day be worth something, but it depends, totally on the whim of the corrupt. It has nothing to do with the market. That doesn't mean I don't have a little. I just put it away so I don't have to think about how badly I want to see the manipulators strung up in public.
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The timing is all but impossible to predict. But there are already some cracks in the derivatives manipulation of silver. It used to be thought of as a conspiracy theory but when Deutschland Bank admitted that they had been manipulating the price of silver, people started realizing that criminal manipulation was real. When the Big Kahuna (J.P. Morgan) finally gets nailed, the floodgates will open and the physical market will take over from the paper market.
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I totally agree! Waiting patiently for that day to come!
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Silver prices are tied into commodity prices, and therefore we need to take a look at the long term trends in commodities to determine when teh next uptike will occur. If you look at this chart her eyou can clearly see that we are in the bottom part of the commodity cycle that will begin to increase by 2025, and then skyrocket into 2035 - you're looking at 20 fold gains in the price of silver during the next commodity cycle - but you'll see 20 fold gains in the price of milk, sugar, water, and every other commodity as well. Depending on how severe the societial shock is simultaneously, we may experience a panic in the price of silver, resulting in peaks well above $500 an ounce - I know it seems rediculous, but it's not off the cards - afterall, silver did spike to $150 an ounce back in 1980....if a similar spike happens again, combined with societal breakdown, and full panic to own something tangible - you could see $500+ in silver.
Here's that commodity chart:
http://historysquared.com/2012/04/20/long-term-commodity-price-charts/
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Silver went to 50.00 an ounce in 1980, not 150.00 and then it went to 50.00 an ounce in 2011. I don't think it will be as long of a wait as you do, but I could be wrong!
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I've been waiting for 2 years already. I just got into cryptos 2 weeks ago & already see winnings....smh
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