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.
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.