Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who will buy or could afford 100 ounce bars of silver after the price goes way up?

afford bars buy ounce price Silver
0
10 Posted

Who will buy or could afford 100 ounce bars of silver after the price goes way up?

0

As the price of silver moves up, there will be many more traders of silver. For example, at the top of the real estate market in Florida in recent years, one person in 50 was a real estate agent. When one person in 50 is a precious metals broker or dealer, when it is very easy to sell, that might be the time to sell. Silver and Gold are always very liquid, and will always be liquid assets because of their intrinsic value, and special properties. There will always be someone much wealthier than you, who will want to buy your silver, such as industrial users, refiners, brokers, or bankers, and most people will never deal with them directly, but will sell it back to the coin shops, who will, in turn, sell it to new customers.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.