What would silver do if the US goes in recession
- Thread starter Daal
- Start date
Well, if you have the answer you're looking for, why ask the question?
It's just my opinion, but a recession would cause a drop in commodities unless there is something else propping them up (inflation, China, etc). But a recession is a period of economy slowing, not growing - by definition. And therefore less demand for metals.
A+B=C.
It's just my opinion, but a recession would cause a drop in commodities unless there is something else propping them up (inflation, China, etc). But a recession is a period of economy slowing, not growing - by definition. And therefore less demand for metals.
A+B=C.
There is plenty of silver around for industry. It pretty much follows gold nowdays.
Gold has been rallying the past few years for the exact same reason almost all commodities have. No, not China.
Massive liquidity infusion into global markets since 2001. This has been responsible for the real estate bubble as well, not to mention the dollar swoon (no, debt isn't killing the $, excessive liquidity is).
Gold has been rallying the past few years for the exact same reason almost all commodities have. No, not China.
Massive liquidity infusion into global markets since 2001. This has been responsible for the real estate bubble as well, not to mention the dollar swoon (no, debt isn't killing the $, excessive liquidity is).
Silver has more industrial application than gold. So it is affected by both. It is also more plentiful.
Silver may still follow gold but the disparaties between the two are more now than in the past.
This thread is quite typical of all threads on the internet whether its retail pikers or full time/professional traders trading their own accounts
YOU THINK TOO MUCH, JUST GO WITH THE FRIGGIN FLOW SHEESH, TRADING IS TOUGH AS IT IS WITHOUT ADDING OUR PERSONAL BIASES FOLKS !!
You could write a 50,000 page post Phd/Thesis style document about your next trade, but remember its 50/50 ALWAYS !!! - Unless you are using Gann,Astrology,Fibonacci,Elliot Wave then its 100%
YOU THINK TOO MUCH, JUST GO WITH THE FRIGGIN FLOW SHEESH, TRADING IS TOUGH AS IT IS WITHOUT ADDING OUR PERSONAL BIASES FOLKS !!
You could write a 50,000 page post Phd/Thesis style document about your next trade, but remember its 50/50 ALWAYS !!! - Unless you are using Gann,Astrology,Fibonacci,Elliot Wave then its 100%
Only works for very small positions for very short timeframes.
The problem with owning silver as an investment is that storage costs are very high, and if industrial demand goes in the tank, so will the price.
Right now, demand exceeds supply, and that's what's been pushing it higher. If/when the world goes into a slowdown that demand will drop.
The problem with owning silver as an investment is that storage costs are very high, and if industrial demand goes in the tank, so will the price.
Right now, demand exceeds supply, and that's what's been pushing it higher. If/when the world goes into a slowdown that demand will drop.