The reason silver, as you say, can pop and drop is because of manipulation. If such a small market size were allowed to be freely traded it would outshine gold.
How is it possible otherwise that a commodity with a mining ratio of say less than 8 to 1 currently trade at about 90 to 1. With about 60% of that mined amount being used in industry etc.. Considering that the last 5 years or so usage has exceeded mining supply makes the evaluation even more dubious.
So I say that when the 300 plus paper ETF's holders of silver must get in formation for musical chairs there will be a lot of unhappy campers when the music stops. I hope you are aware of when the song could end.
The reason silver, as you say, can pop and drop is because of manipulation. If such a small market size were allowed to be freely traded it would outshine gold.
How is it possible otherwise that a commodity with a mining ratio of say less than 8 to 1 currently trade at about 90 to 1. With about 60% of that mined amount being used in industry etc.. Considering that the last 5 years or so usage has exceeded mining supply makes the evaluation even more dubious.
So I say that when the 300 plus paper ETF's holders of silver must get in formation for musical chairs there will be a lot of unhappy campers when the music stops. I hope you are aware of when the song could end.
I wish you well.
That is a great way to explain how this party is going to end.
Probably the music has already stopped, but everyone is too drunk to notice that there’s only one chair left in the room. 👍🏻
Wish you well too, Jack!
Good one!