Coronavirus effect on property markets?

strawb_shortcake

silvertooth said:

Can you make some predictions about gold and silver prices over the next year and more? Why would anybody sell monetary precious metals in this environment? You don’t get rid of water in the desert, you need more of it.

Gordon Brown sold gold at rock bottom prices...
The government also hold huge amounts of silver, if they ever decide to sell the price of silver will plummet 

silvertooth

annabanana82 said:

silvertooth said:

Can you make some predictions about gold and silver prices over the next year and more? Why would anybody sell monetary precious metals in this environment? You don’t get rid of water in the desert, you need more of it.

Gordon Brown sold gold at rock bottom prices...
The government also hold huge amounts of silver, if they ever decide to sell the price of silver will plummet 

Absolutely not true, ALL THE SILVER IS NOW GONE!!!!

In the 1950s all governments and central banks had both gold and silver strategic stockpiles. But silver has been in a supply deficit for 70 years and now all the stockpiles have been depleted 

gold has been in a supply surplus and the space that used to be filled with silver is now overflowing with gold

silvertooth

Nebulous2 said:

silvertooth said:

One good thing about the pandemic is how many people now want to move away from the cities.

lots of big companies are asking people to work from home and this trend will likely continue after the crisis is over.

property prices in cities will fall a long way even further now

good for lower London prices 

every cloud and all

No chance. Ever since the industrial revolution there has been an inexorable drift from the country to the town. There have been occasional short-term reversals of that, but overall it goes one way.

That was before the internet and the ability to work from any location of earth as long as you can get online

nownyou can live anywhere so may as well move away from the city to a cheaper healthier place

silvertooth

silvertooth said:

annabanana82 said:

silvertooth said:

Can you make some predictions about gold and silver prices over the next year and more? Why would anybody sell monetary precious metals in this environment? You don’t get rid of water in the desert, you need more of it.

Gordon Brown sold gold at rock bottom prices...
The government also hold huge amounts of silver, if they ever decide to sell the price of silver will plummet 

Absolutely not true, ALL THE SILVER IS NOW GONE!!!!

In the 1950s all governments and central banks had both gold and silver strategic stockpiles. But silver has been in a supply deficit for 70 years and now all the stockpiles have been depleted 

gold has been in a supply surplus and the space that used to be filled with silver is now overflowing with gold

All the silver has been consumed and is now in landfill. It’s uneconomical to retrieve at these historical lowest prices ever

we are now at the cheapest ever price of silver compared to gold in the last 4500years

gold isnow so expensive in relation to silver and gold is still in a supply surplus so every year gold becomes less rare

every year that passes silver becomes more rare as it gets depleted and consumed 

lisyloo

silvertooth said:

Nebulous2 said:

silvertooth said:

One good thing about the pandemic is how many people now want to move away from the cities.

lots of big companies are asking people to work from home and this trend will likely continue after the crisis is over.

property prices in cities will fall a long way even further now

good for lower London prices 

every cloud and all

No chance. Ever since the industrial revolution there has been an inexorable drift from the country to the town. There have been occasional short-term reversals of that, but overall it goes one way.

That was before the internet and the ability to work from any location of earth as long as you can get online

nownyou can live anywhere so may as well move away from the city to a cheaper healthier place

My sister cuts grass and is always joking about working from home. Waiters, cleaners, shop workers, bus drivers, lorry drivers, doctors, dentists, nurses, pilots etc. In fact most people cannot work from home. It is only some office workers who can work from home. 

silvertooth

lisyloo said:

silvertooth said:

Nebulous2 said:

silvertooth said:

One good thing about the pandemic is how many people now want to move away from the cities.

lots of big companies are asking people to work from home and this trend will likely continue after the crisis is over.

property prices in cities will fall a long way even further now

good for lower London prices 

every cloud and all

No chance. Ever since the industrial revolution there has been an inexorable drift from the country to the town. There have been occasional short-term reversals of that, but overall it goes one way.

That was before the internet and the ability to work from any location of earth as long as you can get online

nownyou can live anywhere so may as well move away from the city to a cheaper healthier place

My sister cuts grass and is always joking about working from home. Waiters, cleaners, shop workers, bus drivers, lorry drivers, doctors, dentists, nurses, pilots etc. In fact most people cannot work from home. It is only some office workers who can work from home. 

It’s usually the ones with money who can work from home, they will be selling up in the cities and moving to the countryside 

the low paid are the ones who have to stay in the cities

this pandemic crisis is starting the ball rolling of the rich selling up and getting out of dodge 

GDB2222

silvertooth said:

silvertooth said:

annabanana82 said:

silvertooth said:

Can you make some predictions about gold and silver prices over the next year and more? Why would anybody sell monetary precious metals in this environment? You don’t get rid of water in the desert, you need more of it.

Gordon Brown sold gold at rock bottom prices...
The government also hold huge amounts of silver, if they ever decide to sell the price of silver will plummet 

Absolutely not true, ALL THE SILVER IS NOW GONE!!!!

In the 1950s all governments and central banks had both gold and silver strategic stockpiles. But silver has been in a supply deficit for 70 years and now all the stockpiles have been depleted 

gold has been in a supply surplus and the space that used to be filled with silver is now overflowing with gold

All the silver has been consumed and is now in landfill. It’s uneconomical to retrieve at these historical lowest prices ever

we are now at the cheapest ever price of silver compared to gold in the last 4500years

gold isnow so expensive in relation to silver and gold is still in a supply surplus so every year gold becomes less rare

every year that passes silver becomes more rare as it gets depleted and consumed 

Silver is prettying useless as a store of value, simply because it’s so cheap. Around £400 a kilogram. That means you need 2.5 tonnes of the stuff if you want to store £1m, which is pretty expensive to store or move around.

silvertooth

GDB2222 said:

silvertooth said:

silvertooth said:

annabanana82 said:

silvertooth said:

Can you make some predictions about gold and silver prices over the next year and more? Why would anybody sell monetary precious metals in this environment? You don’t get rid of water in the desert, you need more of it.

Gordon Brown sold gold at rock bottom prices...
The government also hold huge amounts of silver, if they ever decide to sell the price of silver will plummet 

Absolutely not true, ALL THE SILVER IS NOW GONE!!!!

In the 1950s all governments and central banks had both gold and silver strategic stockpiles. But silver has been in a supply deficit for 70 years and now all the stockpiles have been depleted 

gold has been in a supply surplus and the space that used to be filled with silver is now overflowing with gold

All the silver has been consumed and is now in landfill. It’s uneconomical to retrieve at these historical lowest prices ever

we are now at the cheapest ever price of silver compared to gold in the last 4500years

gold isnow so expensive in relation to silver and gold is still in a supply surplus so every year gold becomes less rare

every year that passes silver becomes more rare as it gets depleted and consumed 

Silver is prettying useless as a store of value, simply because it’s so cheap. Around £400 a kilogram. That means you need 2.5 tonnes of the stuff if you want to store £1m, which is pretty expensive to store or move around.

Very few investors have physical Silver in their possession. Reasoning: because they claim it is too cheap and "too hard to store". With the manipulation pushing prices so historically low, now you get too much silver for your currency. Does that mean when Silver trades at over $1,000 oz people will be more willing to buy and store physical Silver? Yes as stupid as that sounds it is true. It is difficult to make up a more bullish argument to take delivery and store physical Silver TODAY...while the Cabal price rigging scam is still keeping the price down. The manipulators know this and HAVE to keep the silver price low as long as they can. As the price rises so does investment demand. This is an almighty gift to those who are buying silver bullion before the manipulation ends.

MobileSaver

silvertooth said:

With the manipulation pushing prices so historically low, now you get too much silver for your currency.

You don't half talk some nonsense with your desperate attempts to ramp silver. Silver is pretty much the same price today as it was on this day in 2010, i.e. ten years ago! And the decade preceding that it was generally much lower; today's price is not remotely "historically low".

silvertooth

MobileSaver said:

silvertooth said:

With the manipulation pushing prices so historically low, now you get too much silver for your currency.

You don't half talk some nonsense with your desperate attempts to ramp silver. Silver is pretty much the same price today as it was on this day in 2010, i.e. ten years ago! And the decade preceding that it was generally much lower; today's price is not remotely "historically low".

Historically low IE the last 4500years