Silver in 2020
- Thread starter aquarian1
- Start date
China is vacuuming up agricultural land in Africa while the US prints worthless paper money.
these stories been around for ever, silver out of all the metals is NOT the strongest, it used to be palladium and now its gold leading the pack of metals which usually move together, not always though, i been trading silver 6 years now and the moves in it and fluctuations provide good opportunities, as far as long term although its price is attractive i can tell you there is more in the fluctuations than in holding long term or waiting for a rise in the price, at least based on my past experience i should've taken more advantage of that, also technically speaking its moving in relatively speaking easy to read charts, i trade it with a long bias where my long positions are larger than the short, but this might change soon, but long story short, trading it has more value than buying an holding, i wish i did that earlier on,
if you want to know where SI is heading, not much use to know who is Buying.
If China is buying tons of silver,
it doesn't mean SI price will go up.
because Country X could be selling tons and tons of silver.
Or producers could be producing tons and tons of silver.
Or there could be tons of tons of inventory.
Where can you see this sort of info? Like where can i find it ?
i assume its at a premium because all the public is buying now ?