what makes silver and gold prices go up and down? I'm not talking about the panic behind the economy. Whay actually MAKES it move? Do tons of people buy it and that's how? Is wallstreet just selling a ton and that's how it goes up? What is the actual action that takes place in order for the prices to rise and fall?
What makes silver and gold prices go up and down? I'm not talking about the panic behind the economy...
Robert Morgan
Other urls found in this thread:
Xavier Evans
silver is an industrial metal and is priced accordingly
the gold price generally changes along with market sentiment
Cameron Allen
Understand why anything not of immediate use to survival has value and you will understand why modern art has value too.
Ian Taylor
Greater willingness to pay means greater willingness to set it at a higher price.
Connor Butler
and who orchestrates such prices?
Benjamin Brown
Derivatives. Mostly the shorts held by JPM on the longer term, but the rest is being tossed up and down by regular old futures contracts and the SLV ETF and all the other ways the Jews invented to screw the market around.
Hunter Jenkins
i thought that was a gold picture black and white
Samuel Rogers
btw when you stack ingots, they go face down except for a few ceremonial ones on top. That way you can use the wedge shape to pick them up. Jews who do these stupid stock photos always lie.
It was slightly interesting when Queen Lizardbreath did a photo shoot inspecting the gold and they had piles of gold ingots stacked correctly. Those kinds of people are big into symbolism.
Kayden Hall
The supply and demand is what set their prices. Gold has a relatively low supply due to it's rarity, so you cannot produce a lot of it. Similarly, it's demand is relatively stable. When other currencies drop in value, people move to gold, which increases demand and therefore its price. The drop in currency also makes gold prices higher since you need more of the worthless paper currency to buy gold.
Wyatt Edwards
>what makes silver and gold prices go up and down?
a board of rothschild bankers
Carson Roberts
Can we talk the esoteric value of gold though
Daniel Williams
Someone told me silver was going to $200 next year
Parker Torres
Gold is bank money, fiat is what the banks issue to the masses. Large amounts of gold assure that the banking system can survive no matter what happens to the fiat.
Nathan Mitchell
The market, ostensibly. The gamble here is what something with intrinsic value like gold will have if/when fiat currency is no longer worth much, via inflation or whatever other economic calamities might befall it.
Levi Davis
Silver will pass $500 oz if fossil fuels are banned.
Parker Martin
Nolan Martin
Never believe people who put a time and a price on it. These markets are too rigged and volatile for anybody to be able to make a prediction like that and not have to eat crow later on.
James Cruz
Jews
Jack Miller
Fossil fuels don't even come from fossils. Stop being an abject retard and let your tard wrangler know you wandered off in the middle of the school day.
Alexander Mitchell
Humans were created to mine precious materials for the propagator races. They left but the programming is still in our base code.
Adam Robinson
gold prices are full of air, you dont believe that people are buying and selling actual physical gold now do you ? it is all speculation, you go buy gold online right now and you will not receive a single object made of gold
Nathan Miller
I think you're asking how supply and demand works. This is a fundamental principle that everybody should take time to learn.
youtube.com
Luke James
based schizo poster
Aaron Kelly
Gold won't be take as much of an impact from that long term, as the gold supply is becoming more and more limited and there is still demand for it.
Angel Bell
the only time that would ever happen would be if $200 was worth nothing
Connor Turner
In other words, 1oz of gold will be worth $100mil when the real inflation hits
Ryder Cooper
Enter bitcoin. The next paradigm that will take us to the end times like the times of noah.
Wyatt Williams
99% Speculation.
1% Industrial demand.
Aaron Perry
here, read this
Eli Cooper
The jews
Jose Cruz
>The gamble here is what something with intrinsic value like gold
You mean without intrinsic value right?
Kevin Fisher
Multiple millennia of culture combined with greedy manipulation. Gold and silver, in all practicality, are worthless save for an ability to transmit electricity more freely than copper. It is these properties of gold, silver and copper that made these metals important to the lost civilizations of prehistory. The misunderstanding or this importance has been passed down the ages and thus today we find unusual value in these otherwise unremarkable metals.
Mason Brown
>reeeeee reeeee reeeeeeeeeee
>it doesn't have intrinsic value reeeeeeeeeee
I see you've been practicing for tomorrow.
Caleb Smith
>silver
JPmorgan rigging it
>gold
Anti americans stockpiling it to counter dollar sanctions. So Russia, China, India, Middle east.
Brayden Nguyen
Same thing that sets stock prices. Someone wants to buy and makes an offer. If someone is willing to sell at that price the exchange is made and the price of the asset updates to the price of the last trade.
Cooper Martinez
having a hard time believing I read through this whole thread and didn't see anyone post the correct answer. an ounce of gold is still worth an ounce of gold in 50 oz of silver has always been worth the same amount. 50 oz of silver. The value of the fiat currency is what changes and thus the USD value of gold changes because your contrasting it to the value of the fiat currency which literally changes everyday. There was a time when 1 oz of gold was worth 1.2 oz of gold but the market corrected itself and its back down to 1 oz of gold.
Eli Taylor
>You mean without intrinsic value right?
No, he want to know how much gold would actually be valued if people didn't sperg out and use at "muhhhhhhhhh people will always want it" and with only be valued by it's use for microchips.
Probably will be valued alongside other microchip/technology materials like litium.
Jaxon Roberts
Or Lenny calls up Bernie and says oy vey and Bernie calls up Harvey and Harvey says wait let me check with your uncle Benny and then before you know it they're wash trading again. Washing themselves free from sin.
Isaiah Bell
what is wiser to hold? $1000 of silver, or 1 ounce of gold?
Bentley Jones
80486 microchips were once worth more than their weight in gold. If you were to have held $1000 worth of those you might be able to get rich on ebay before you took a dirt nap.
Zachary Martin
A gun
Sebastian Brooks
>A
ur not gon make it
Jaxson Scott
eggs/basket. if you have $1000 then you should buy a couple of sovereigns and the rest in silver.
Joseph Flores
capital flows when people fear the default of governments on their debts.
Sebastian Gomez
Ledger digits = Worthless
Paper notes = Worthless
Metal Coins = Worthless
Crypto = Worthless
Gold = Worthless
Currencies do not have inherent value, their value is derived from how effective they are at being currencies.
What is the fastest currency? Swift digits or crypto? It's certainly not gold.
What currency is best protected from inflation? Gold or crypto? It's certainly not digits.
No one is treating gold like an industrial metal lmao.
Gold is such a perfect currency because its pure. It's a shiny star element everyone likes. Crypto is technically better, but practically inferior. What crypto? What is the 'gold standard' ? Bitcoin? Why not just gold. Simple.
-------------------------------------------------------------------
The price of gold is determined by speculation in the market. What is the best currencies and assets to be in for the current landscape. Watch Mike Maloney hidden secrets of money.
Luis Howard
He knows, every month in the Basel tower, Zwitserland
Jackson Lopez
You can definitely buy actual physical gold if you want, which is what I'm talking about.
Jeremiah Lopez
>what makes silver and gold prices go up and down?
for your purposes? It's relative value against the US dollar. The dollar is the thing that is fluctuating.
Eli Roberts
You are all fucking dumbasses. It's not the value of gold that changes, but the money.
Luke Bailey
While that is the correct way to turn the fraction around, the fact of the matter is that if you think there are only 100x as many paper ounces of "gold" being traded as there are physical ounces, then you're probably believing in a Jewish lie about how bad things really are. So if the question is why the (((market))) goes up and down, then the answer is that it's dominated by the various paper games, and not the actual value of a physical oz of gold.
With this in mind, you can make informed decisions about how to use the game against itself to pick up an oz of gold for less than it would cost you in an honest market.
Caleb Campbell
>what makes silver and gold prices go up and down?
Elves fighting with Pokemonz
Austin Thompson
Gold trades inversely to the strength of fiat currencies. When inflation is high, or anticipated to be high (impacted by things like the Federal Reserve's interest rate, banks creating money through convoluted debt schemes, etc) the price of gold goes up.
If you think of gold as actual money (boooo libertarian, get him out of here!) you can actually ask yourself what makes the price of the dollar go up and down. Consider 1 oz of gold as your base unit for money, then watch as all currencies (not just the USD) can be purchased with gold based on their current and predicted strength.
Silver (and Platinum and some other PMs) trade proportionally with gold, but may have some fluctuation due to their uses in various industries -- and this makes Silver particularly appealing to a lot of investors.
As far as your actual question -- why is it going up and down? Yes -- people are literally buying it and selling it. Either physically or in the form of contracts where the gold is kept in a safe third party location. Large amounts of the metal change hands on a daily basis.
Oliver Martin
question. I hate my piles of silver coins and small bars. It's too much. Would it be fine if I go to my local coin shop and swap it all for the 10 oz silver bars he has?
Jeremiah Gutierrez
they're both manipulated. don't bother with either.
Easton Cooper
I don't see any wisdom in that. Usually you would move in to gold instead, but the relative prices are unusual for the time being and if you were to trade silver for gold then most people would look at you like you're selling low and buying high, even if they don't worship a magical historic price ratio.
Ian Miller
Grug like shiny rock
Eli Roberts
that was what I was thinking of doing right now too was selling it all for gold....but now truly isn't a good time egh?
Jose Baker
shiny rock come from space
grug notice rock never tarnish
grug think rock look nice forever
grug keep rock.
Hudson Sanchez
This.
But its not just JPM and it's not only the derivatives - futures & spot, but the underlying price which is manipulated.
If there's any truth to this, they would have mined uranium NOT gold. Hence the find in 1972 in Gabon,the French and the Atomic energy commission discovered a Uranium mine that was already 'harvested' and found leftover fission material 1.8billon years old!
>Gold trades inversely to the strength of fiat currencies.
w./ the exception of the CHF and the AUD user.
Angel Sanchez
grug somehow later notice rock antimicrobial... very suitable for eating and trading in gross urban environment filled with syphilis
rock maybe have... intrinsic value to grug people?
gold haters btfo
Justin Green
A lot of people are fixated on the concept that we think there is a certain ratio of gold to silver in the earth's crust, or that they historically maintain a certain ratio of the price of one vs. the other. That's a good thing to look at, but it's really just worshiping your favorite number. However, the fact is that gold has been jumping up in recent history and silver has been lagging behind, so a pragmatic view is that silver is probably underpriced in the short term compared to gold. That's if you don't have any inside information as to why silver hasn't been tracking gold as closely as it usually does.
But I'll give you two more important things to think about for your situation. Number 1: the thing you want to avoid most if you hold physical is "churn." This is how shyster dealers operate. They always want to convince you to trade what you already have for something else. This rarely leaves you in a better position, but meanwhile they're making money on every trade.
Number 2: never let your emotions do the talking when it comes to trades. Instinct and gut feeling are important, but if your only reason is that it's taking up too much space or you don't like to look at it, then just chuck it in a corner and forget about it. That's not a rational basis for making a trade.
Jackson Howard
>intrinsic
This is where you fucked up.
Jackson Gray
go to biz and ask this.
basically the price of silver is massively suppressed because of futures and fuckery