Predictions for 2022

@great-big-stees said
March 32nd.🤔👍

@very-rusty said
I am not a betting man but am willing to bet you 1 million dollars it will not happen on March32nd. 🙂 😛

-VR

@Great-Big-Stees
It seems to me it doesn't make much difference WHAT month gets a stretch job. Make it Dec 32, so new years and leap year can be dealt with simultaneously.

@great-big-stees said
I heard that for the leap year 2024 it’s been decided, by the International Leap Year Association, that instead of February having 29 days, for just this once , they will add the day to March.👍

So we hav about a handful fo predictions...lets see what happens. I think we are open for a few more.

@rookie54 said
moon's prediction of red's non-passing prediction not passing will not come to pass

@contenchess said
That's good too so I buy more 🤔

@mike69 said
I think through the year 👯‍♀️🦾, by year end 🔽🧑🏼‍🦽for those who but in at those prices, even if they drop a little unless you maybe plan on holding long term? This is just my guess 😁, looking at different angles?

@Contenchess
I’ve sold all I have unfortunately 🤕😁. I was more interested in silver a few years +? ago, when I think it had dropped to a low of 14.76. I also believe that was around the production cost at that time? I wonder who’s buying?, and selling around the world?, and not buying at these prices?

@mike69

The Comex Silver market is a paper market based on investment and speculation.
They have paper contracts that outnumber the real supply. So essentially it's a fake market.

The real market based on physical supply and demand is almost unknown or confusing to say the least.

New laws are being brought in to end this practice so only time will tell.
The new law will force people to actually have the metal that goes with the contract.

This means all of those extra contracts that are not backed by a real supply of metal will have to buy physical silver so they can deliver the metal at the end of the contract.
Well if they don't have the metal they will have to buy some...thus driving the price up.

Gold, Platinum and Palladium used to be a few hundred per ounce and all 3 have gone way higher...almost 2000 an ounce here and there.

Silver...the last one is only 30 an ounce or less.
It's time for Silver to explode like the others.

@contenchess said
@mike69

The Comex Silver market is a paper market based on investment and speculation.
They have paper contracts that outnumber the real supply. So essentially it's a fake market.

The real market based on physical supply and demand is almost unknown or confusing to say the least.

New laws are being brought in to end this practice so only time will tell.
The new ...[text shortened]... Silver...the last one is only 30 an ounce or less.
It's time for Silver to explode like the others.

@great-big-stees said
I heard that for the leap year 2024 it’s been decided, by the International Leap Year Association, that instead of February having 29 days, for just this once , they will add the day to March.👍

@mike69

Big investment firms buy the paper contracts and some do it to manipulate the price (JP Morgan)

Countries that are getting into green energy like solar panels and electric car batteries are buying the physical metal.

Countries that make cellphones and computers are also buying physical metal.

Silver has so many industrial uses that some people believe the price is kept down so these big tech companies can keep costs low.
Silver is in everything that has to do with technology so letting the price go up will only cost companies more and that cost gets put on the consumer... so manipulate the price so the companies make money and the average citizen can afford phones and computers etc etc.

The average guy who knows the paper silver market will eventually collapse buys real metal but everytime silver goes up everyone sells 😄

My theory is just ignore the quick profit idea and buy precious metals for long term retirement help.
Buy now and in 30 years when you are 70 go sell it because precious metals always have value.

To make quick profits in metals you need a lot of cash to buy in and sell when the price changes.
The average guy like me who has 100 ounces has no reason to buy and sell every time the price fluctuates.
There is no money in that strategy.

Buy your Silver and Gold and Hold Hold Hold 😉

@Contenchess
🤔, I’ll be 84 then, I’m not banking on that long🙂. I’ll stick to land and developing as I go, they don’t make anymore of that and it’s quicker for me where I’m located. Thank you for taking the time explaining though, that’s interesting and more to think about.

@mike69

Owning property is definitely the better investment.

That's a fact.

In my opinion it is the best investment. 👌