Silver's most powerful fundamental

3 posts / 0 new
Last post
Eman Laer
Eman Laer's picture
Offline
Joined: 06/14/2011
Hat Tips: 841
Posts: 327
Silver's most powerful fundamental

This thread isn't about the fundamentals that make up the silver story, it's about the effect of the silver story itself. 

Most people reading this will be familiar with the "silver story". If not, you might check out this infographic series or simply search "silver infographic" for others. 

The most important factor driving the silver price is how many people desire it as an investment and how badly they want it. Supply and demand. Like many others, I learned about silver fundamentals via the internet. It's my opinion that the internet phenomenon of  memes "going viral" is the most important factor in driving silver demand/price to new heights. Once I had learned about silver I spread the word to several others who also now invest in silver. I doubt that this is happening with pork bellies. Unless there is a significant change in the fundamental case for investing in silver, I believe the excitement surrounding  it will "go viral" leading to a huge spike in demand/price. 

Of course there will be some attrition due to people getting burned by this volatile metal, but I think the "silver story" has all of the elements required to go viral. 

__________________

I swing trade by the seat of my pants, but I do make a little profit somehow. Any comments I make about my trades should be taken with a grain of salt, and maybe as a contrarian indicator.

Xeno
Xeno's picture
Offline
Joined: 06/16/2011
Hat Tips: 3438
Posts: 582
Element of Change

Silver, it's elemental and has a long beneficial history. Why have anything else?

Eman Laer
Eman Laer's picture
Offline
Joined: 06/14/2011
Hat Tips: 841
Posts: 327
This is what I mean...

How many investment vehicles have this type of promotional effort going for them? The story is compelling. Stocks in general have the MSM hacks pumping them, but as they're discredited even more and people will look to the web for truth they will find the Silver Story. When that story goes viral we enter the mania phase. 

__________________

I swing trade by the seat of my pants, but I do make a little profit somehow. Any comments I make about my trades should be taken with a grain of salt, and maybe as a contrarian indicator.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Syndicate contentComments for "Silver's most powerful fundamental"