Big Mike, it remains to be seen but it feels different this time. And gold busted 2400 again. The ratio dipped below 80. Either way keep stacking. As of 1056 eastern silver was 30.95.
A proper win for silver will not be a temporary squeeze on the price and back to normal, it will be restoration to it's historical value as money, around 1:15-17 of a gold oz.
Slight aside, look up the Coinage Act of 1873, before that was passed, silver standard was the norm, not gold standard.
Pretty much. It's mostly based on the general man's FOMO mentality. They'll start seeing the numbers go up, and think "Hey, I should get in on this while I can", thus driving prices up to a ridiculous number before people eventually stop buying and then it crashes.
They gonna reuse “silver manipulators” BS charge from 1980 as soon as Musk tells Tesla to buy a big chunk of physical silver to support their production. He will have a bit of “market cover” once China EV & Solar tariffs “go LIVE”.
It will only take one or two companies doing this to quickly break the silver market. I think we will see several, hopefully 17.
Big Mike, it remains to be seen but it feels different this time. And gold busted 2400 again. The ratio dipped below 80. Either way keep stacking. As of 1056 eastern silver was 30.95.
how does a silver squeeze work? Will people buy silver at insane prices?
A proper win for silver will not be a temporary squeeze on the price and back to normal, it will be restoration to it's historical value as money, around 1:15-17 of a gold oz.
Slight aside, look up the Coinage Act of 1873, before that was passed, silver standard was the norm, not gold standard.
Not insane until well above all time highs ($50)
Will people buy , they would if they can find it. (unobtainium)
Pretty much. It's mostly based on the general man's FOMO mentality. They'll start seeing the numbers go up, and think "Hey, I should get in on this while I can", thus driving prices up to a ridiculous number before people eventually stop buying and then it crashes.
They gonna reuse “silver manipulators” BS charge from 1980 as soon as Musk tells Tesla to buy a big chunk of physical silver to support their production. He will have a bit of “market cover” once China EV & Solar tariffs “go LIVE”.
It will only take one or two companies doing this to quickly break the silver market. I think we will see several, hopefully 17.