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.
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.
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?
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.