AYN alcyone resources ltd

good day!!, page-17

  1. 2,882 Posts.
    Comments from Takako (HC poster) on silver price possibilities:

    It is true that the previous high was a direct result of hunt brothers cornering the market. Though your suggestion is that this may not repeat itself, the anticipate short squeeze will come about because of the massive short positions that JP Morgan and HSBC are holding. When they need to start covering their short positions, the sky is the limit for silver prices.

    Another figure you might be interested in looking at would be the traditional gold to silver ratio of 1:16. This figure would put the current silver price at about $80. If Gold is to merely reach its inflation adjusted high of $2400, then silver should be sitting at $150. Which is interestingly close to the Hunt Brothers inflation adjusted high, dont you think?
 
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