Silver Chart: 50 years prices, from about 4 bucks an oz to over $110 today. This is madness when you actually review it.
(media.greatawakening.win)
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If this keeps up, silver will finally catch up to the 50 year inflation rate, which would put it at $195 an ounce to break even.
$123 in Shanghai right now.
100 million paper oz just sold.
Stay calm.
Paper to real Silver ratio is over 70 to 1. Rookie numbers.
It should get closer to $1200 per once.
Maaan if it gets to that amount once the numbers are corrected, Iām going to have a nice little stack thanks to my dad.
The "price" (the FRN:silver ratio) is largely irrelevant. The gold:silver ratio is all that really matters.
This is what happens when the bullion banks suppress something with naked shorting.....with GME a tourniquet could be applied because it was the NYSE and they just shut it down. With Silver (and other precious metals)...the price is controlled by Comex, Shanghai, and London. Both Comex and London have shown they have no silver in the vaults...but massive shorts against it (some data suggests that for every 1 ounce of available physical silver, they have sold that ounce over 400 times with paper contracts. Shanghai/China ain't playin' anymore. They are forcing a short squeeze that can't be stopped. This may take down the western bullion banks as they won't be able to cover with physical silver as there is none available.
You can ignore reality but you can not ignore the consequences of ignoring reality.
Reality INCOMING