Silver just broke $100 and gold is nearing $5k per ounce!! 💥 💥 🚀
(media.greatawakening.win)
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Right now this minute using the traditional Gold to Silver 12 to 1 mining ratio, silver should be $415 an ounce.
Paper silver has wandered between pricing silver at 50-80 to 1 which is so far away from any type of mining production number as to be laughable.
That is still incredible for silver, I hope it goes beyond that but if not that is just fine for me.
I don't know too much about how paper silver works I just knew that I needed to stack in preperation for hyperinflation. I am glad I did.
For every real, physical ounce of silver there were sitting in the vaults of the bullion banks, there were around thirty pieces of paper sold.
Most of that paper got rolled over every month as the holder didn't want to take delivery. That is no longer the case, the big industrial users are demanding delivery of the physical silver.
The bullion banks must buy silver on the open market to fill those customer's demands as they just do not have enough physical silver to give to them.
Price Go Boom.
Thank you for explaining that so simply, I really understand what is about to happen now, I am very very excited and am happy to be apart of this.
Looking forward to making money with ya!
Silver is still cheap right now imo, the upside potential is at least 2x current price.
Best of luck stacking, it is a bit of an addiction. Nothing like a having a pile of shiny to look at to make your day brighter.