"a supply squeeze that could propel prices to levels unseen since the 1980 Hunt Brothers saga—adjusted for inflation, potentially over $600 per ounce."
The Hunt Brothers saga should have been $600 per ounce, or we're about to see $600 per ounce? Or Hunt Brothers $600 per ounce adjusted for inflation would be $infinity now?
Somebody help a Bastard out.
"a supply squeeze that could propel prices to levels unseen since the 1980 Hunt Brothers saga—adjusted for inflation, potentially over $600 per ounce."
The Hunt Brothers saga should have been $600 per ounce, or we're about to see $600 per ounce? Or Hunt Brothers $600 per ounce adjusted for inflation would be $infinity now?
This Bastard is confused.
It went from $6 to $50 so that’s like $63 going to somewhere near $600. Also inflation adjusted.
Gracias. Basically a 10-fold increase. Which means $1000 per ounce probably isn't far off.
Don't hold your breath on that one, but $100 dollars by June next year is very doable.