He has said Many Many times that $600 Silver will "happen in our lifetime". He has also said that pinning that one down to temporal markers is not possible. When the banks start to fail, they will abandon their futures obligations - shorts. They will default on them as part of their bankruptcy/insolvency plans. Paper Silver (and gold) prices will become chaotic in the extreme then collapse all together, as the world struggles with true price discovery. Remember in 2010 when the Dow Jones Average was moving up and down, 50% a day sometimes. That will happen again, only with precious metals.
He has said Many Many times that $600 Silver will "happen in our lifetime". He has also said that pinning that one down to temporal markers is not possible. When the banks start to fail, they will abandon their futures obligations - shorts. They will default on them as part of their bankruptcy/insolvency plans. Paper Silver (and gold) prices will become chaotic in the extreme then collapse all together, as the world struggles with true price discovery. Remember in 2010 when the Dow Jones Average was moving up and down, 50% a day sometimes. That will happen again, only with precious metals.