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[QUOTE="UCPharma11, post: 3829760, member: 10150"]
Hi everyone Ive been following the silver market for over 25 years now. In short purchasing en masse (via massive public and private purchases) of silver is required to then cause dealers and wholesalers to hedge their positions on the COMEX markets, thus causing price increases. As we know human psychology is to BUY BUY BUY as we a commodity/equity going up in price. If enough momentum is gained at the beginning then silver should see 35/ounce in no time and while this will fluctuate wildly, ppl will buy the dips hard and this will go to the moon. If not looking at CPI but rather shadowstats inflation data, 1980s silver of 55/ounce would equate to ~ 1000.00/ounce now. Zerohedge article is on point. Will it ever reach fair market value. No, because in short JPM has over a billion ounces of physical amassed during its constant shorting, that they will dump the market will silver eventually to crash the price. Will silver reach 100?? Probably , 250??? Maybe, 1000?? I wouldnt bet my life on it. If anyone has questions let me know.
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