Posted on 06/30/2016 9:31:38 PM PDT by chopperman
Its on a tear.
Wow. Thanks for posting this.
bfl
Yep, I had posted about two months ago to buy silver when it was $14.52 oz.
$19.27 and moving up.
Sell!
(rolls eyes)
Check the Kitco chart page for silver.
Call me when it hits $30/oz - again.
In 1980 the Hunt Brothers in cahoots with unnamed Arab investors drove silver to $55 an ounce. That would be $160.35 in today’s money.
It’s back to where it was two years ago.
Someone’s realised that paper silver outnumbers actual silver by 40-to-1.
And unlike Gold, industry needs actual silver.
Or maybe the relatively huge currency moves post-Brexit have killed some banks.
I’m thinking Deutsche Bank, and every bank in Italy.
Holy Cow: Italy just got granted a 150 BILLION euro bailout for its banks.
“Sell!”
When it reaches $40, I will think about it.
“And I’m going to tell you: you are going to go to sleep on Thursday night and gold may be $1,670. And then you wake up the next day and it’s going to be a banking holiday. And gold will be $3,000 bid, no offer. No offer — and it will be a banking holiday. Because there will be a failure to deliver.”
Great line for you article.
here it is...metals have been suppressed for many yrs....through manipulation......But THIS metal...has Also been suppressed....in application !.....big pharm has suppressed the value of nano silver for 30 yrs....to protect anti-biotic investment...what could happen here imo...is a price EXPLOSION in silver.....when the medical applications become evident to the general public.
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