When one thinks about the price the Hunt brothers drove silver to in the early 80’s of 50 dollars a oz.
Today it should be some where around 200 dollars a oz to reach the same level.
I wouldn’t argue with that.
Still, silver didn’t take this move on it’s own. There was
an outside force causing folks to jump in. When that
subsides, I see a softening of the price.
Look, it’s all a crap shoot. It could go to $400 an ounce
for some reason too.