Debate House Prices


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Coronavirus effect on property markets?

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Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    As the weekend draws to a close, does anyone think there were less viewings this weekend compared to the average?
    There will be no Brexit dividend for Britain.
  • MobileSaver
    MobileSaver Posts: 4,358 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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.
    Historically low IE the last 4500years
    You have a verified impartial reference showing the price of silver over the last 4500 years? Or is this just more desperate silver ramping nonsense?
    Still hoping your ounce of silver you buy every week will be able to buy you a house one day? :D

    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • silvertooth
    silvertooth Posts: 240 Forumite
    100 Posts
    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.
    Historically low IE the last 4500years
    You have a verified impartial reference showing the price of silver over the last 4500 years? Or is this just more desperate silver ramping nonsense?
    Still hoping your ounce of silver you buy every week will be able to buy you a house one day? :D

    500oz will buy an average house again just like it did in 1980
  • silvertooth
    silvertooth Posts: 240 Forumite
    100 Posts
    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.
    Historically low IE the last 4500years
    You have a verified impartial reference showing the price of silver over the last 4500 years? Or is this just more desperate silver ramping nonsense?
    Still hoping your ounce of silver you buy every week will be able to buy you a house one day? :D

    Throughout the last 4500 years of human monetary history the Silver to Gold ratio hovered in the natural 16-1 range (because around 16 ounces of silver were mined for every 1oz gold) this has now halved to about 8oz silver mined for every1 of gold. The invention of futures and options trading in metals had distorted the free markets. After the massive manipulation maneuvers by the Banking Cabal the silver-gold ratio now stands at over 85-1. Even though the natural ratio has halved to around 8oz silver mined for every 1oz gold.

  • GDB2222
    GDB2222 Posts: 26,364 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    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.
    Historically low IE the last 4500years
    You have a verified impartial reference showing the price of silver over the last 4500 years? Or is this just more desperate silver ramping nonsense?
    Still hoping your ounce of silver you buy every week will be able to buy you a house one day? :D

    500oz will buy an average house again just like it did in 1980
    Surely, 1980 was when the Bunker-Hunts cornered the silver market and ramped the price up enormously? They went bankrupt in the process. Unless someone else tries that, why would silver reach such artificially high levels again? 


    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222
    GDB2222 Posts: 26,364 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No reliance should be placed on the above! Absolutely none, do you hear?
  • MobileSaver
    MobileSaver Posts: 4,358 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    500oz will buy an average house again just like it did in 1980
    As intimated by GDB2222, 1980 was the only year in almost 40 years when the Silver Price was above $20 (for most of those forty years the price was less than $10, making Silver look very expensive today) and that is your basis for falsely claiming it is currently at a "historically low" price?!?!
    Your desperation is palpable but I am afraid your stash of silver will barely buy you a decent tent; the only house it will ever buy is the virtual one in your own little fantasy world. :D



    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • silvertooth
    silvertooth Posts: 240 Forumite
    100 Posts
    GDB2222 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.
    Historically low IE the last 4500years
    You have a verified impartial reference showing the price of silver over the last 4500 years? Or is this just more desperate silver ramping nonsense?
    Still hoping your ounce of silver you buy every week will be able to buy you a house one day? :D

    500oz will buy an average house again just like it did in 1980
    Surely, 1980 was when the Bunker-Hunts cornered the silver market and ramped the price up enormously? They went bankrupt in the process. Unless someone else tries that, why would silver reach such artificially high levels again? 


    Another billionaire could again take the majority of the remaining silver off the market 

    or a bunch of millionaires 

    or a big bunch of normal investors like us could do another Hunt brothers 👍
  • silvertooth
    silvertooth Posts: 240 Forumite
    100 Posts
    For the last 4500 years the gold to silver ratio averaged 16 parts silver valued the same as one of gold.

    On a 45 foot chat every foot is a 100 years the ratio never goes above 16:1. Then the last foot on the chart 1920-2020 it temporarily shoots up to 100:1 where it is today.

    this is an amazing gift to be able to buy silver so cheap compared to gold.

    this global pandemic is not just an economic slow down for the entire world it’s far worse than that. There is a run to safety out of risky assets and into safety namely gold and silver. But gold is he most expensive compared to silver in all over recorded history 
  • silvertooth
    silvertooth Posts: 240 Forumite
    100 Posts
    Almost every business in the world is suffering due to the virus. Every single business in the world unless you sell face masks and hand sanitizer 

    everyone wants to get out of stocks bonds etfs, property even cash.

    john Exeter’s pyramid shows the rush to safety out of risky assets and down into safer assets like gold and then silver is the tip of the Exeter’s pyramid 


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