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vw1972

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  1. In 2008 when Bear Stearns was Bailed out by the US government, the world knew we were in a big recession. Despite this gold/silver prices made a huge drop in the following months. This drop in prices goes against what People would expect gold/silver to behave during a financial crisis. Acording to this article the reason goldprices fell in the start af the 2007/2008 recession, is that the banks had spend all their money, then they borrowed gold and dumped it in the marked to make money to keep the banks from going bankrupt. When the banks dumped all the borrowd gold in the marked, prices fell because supply exeeded demand. After the 2007 recession the laws have changed, demanding that banks should have more funds to keep them above water if a new recession sets in. Therefore some say that when the next recession sets in, we will not se a drop in gold/silver prices, like we did in 2007/8 because the banks Are better financially ready to meet a new financial crisis. https://www.goldrepublic.com/news/why-gold-prices-fell-in-2008
  2. Acording to this article the reason goldprices fell in the start af the 2007/2008 recession, is that the banks had spend all their money, then they borrowed gold and dumped it in the marked to make money to keep the banks from going bankrupt. When the banks dumped all the borrowd gold in the marked, prices fell because supply exeeded demand. After the 2007 recession the laws have changed demanding that banks should have more funds to keep them above water if a new recession sets in. Therefore some say that when the next recession sets in, we will not se a drop in gold/silver prices, because the banks Are better financially ready to meet a new crisis. https://www.goldrepublic.com/news/why-gold-prices-fell-in-2008
  3. They say that historically silver moves dobble of the gold price. We saw that even more after the 2007 recession. But generally I think that the prof. funds and investors primarily put their money into gold when things are looking bad. But I personally bet on silver in the comming years.
  4. Ive bought all my silver from coininvest.com in germany. They Got everything, ive bought all kinds of coins, 1 and 5 kg bars. No problems, and they ship pretty quickly.
  5. But remember when SHTF silver-demand in the industry will fall because production fall, because people stop buying like they use to. Also i predict jewelry production and demand will fall in a recession, wich mean the jewelry production-sector will demand less silver. So in a crisis demand will fall in the industry and jewelry-sector, and demand will rise in the investment/coin/bar sector.
  6. I just but the most commen investment coins like krugerrand/philharmoniks/eagles/maple leaf. Its an investment for when the next recession sets in. The plan is to sell it all if prices go up. The only thing i collect and Will keep, is a 1967 gold krugerrand, the first year they started making Them. Not many of thoose around
  7. True. The only other explanation i can come up with, is that silver prices Are manipulated to keep Price low. Why, i dont know.
  8. Interesting to know That silver is mined along other metals, with means low silverprices Will have little influence on the mining companys overrall financial status. That means apmex and Wall street journal Are not to be trusted, when they forget to mention the above.
  9. APMEX writes that: "The Wall Street Journal reported that Silver mining companies, affected by the recent low Silver price history, won’t have enough capital to fund new mining ventures to keep up with coming demand. “Silver minesupply lagged demand by 4.9 million ounces last year,” which means the gap between supply and demand is only going to grow." https://www.apmex.com/education/history/the-history-of-silver-prices?utm_source=facebook&utm_medium=social&utm_campaign=7312019educationcenter&utm_content=awareness What do they mean by "recent low silver prices". Silver prices has been around the current level since 2013, so wouldnt the mining-companies had been affected years ago by the low prices? Does anybody have any other news about silver mining companies that struggles with low silver prices, wich means they cant expand their mining ventures?
  10. It wouldnt be wise to sell now, when we are at the beginning of a new recession. Gold/silver will probably go up in the comming years depending on when the next financial crisis will set in. Its in the long run you make the big returns, and not when you sell just because you can get a 10-15% profit.
  11. I live in Denmark and the cheapest place to buy silver that I’ve found, is germany. I have bought 1 and 5 kilo bars from coininvest.com. Their coinbars have legal tender, so that means they sell with lower vat. Vat-free dosent exits in Europe. I know Estonia claim they have no vat on silver, but I still find thats its just as cheap in germany.
  12. vw1972

    5 kilo silver bars

    No not planning on it. Its just had to own one.
  13. vw1972

    5 kilo silver bars

    I just Got my 5kilo bar. Damn that feels Nice
  14. Only vat on silver.
  15. You dont have to invole the goverment when you sell