Even the homeless beggars now laugh at 25 cents. "Hey dude, how about $5?" they now say. Even a $1 donation is met with disgust these days.
All that money creation since 1980, unfortunately the supply of silver and gold hasn't increased nearly as much. In fact, maybe flat. So much has gone into hoards so it is not available. We could see a Van Gogh or Picasso-like rise in silver price. They just aren't making any Van Goghs anymore.
No, I'm not saying silver will rise 100 fold, but 5 or 10 fold seems possible if the megarich start accumulating. They are smart. They will I'm sure. It has already started acc. to Bill Holter.
That is a big blow to the bears, even Jeff has abandoned them. Better cover!
One ton of silver is a mere 32,000 ounces, about $544,000 at the current low price. Wait until the megarich start buying in 10 and 100 and 1000 ton lots (if they can find it). Ain't seen nothing yet.
As soon as Friday, 1st notice day for delivery of physical for May Comex silver contracts. Just 32 mln ounces left acc. to Bill Holter. Tiny, compared to # ounce sold short by bears. Squeeze!!!!!!!!!!!!!!
1st notice day is this Friday. Silver above $20?
Holter says the COMEX is down to just a bit over 32 million ounces in warehouse, which is tiny. Holter says a few big longs saying they want delivery could trigger a real big short squeeze.
Surely they can afford better. They are wasting their money on your posts. Laughing stock.
I read that too. Holter said that Deutsche Bank admitted guilt in silver suppression and will name names. Holter also said that gold could hit $5,000+ and silver $200+.