Hi guys i am new here (and to PM's generally), thanks to Turd for hosting such an informative place.
I'm learning a lot and appreciating all the articles & threads.
This one crossed my path from Twitter however and I wondered if people with a deeper understanding of the sector had read it, the summary of his points are
- Silver is only a good form of money if gold is the only reserve currency.
- The GSR, or gold/silver ratio, is the original Nigerian e-mail scam.
- Silver, like money, is fundamentally more akin to a cryptocurrency than it is to gold.
I've just taken what i envisage to be a decade+ long position in SLV and reading this has rustled my jimmies.....perhaps he is trying to shake out the weak hands?
Any thoughts much appreciated, thank you.