That was a great read and I’m sure it mirrors the sentiment of most the investors in the PM space, we all know the manipulation can’t go on forever, I just don’t know why the banks don’t just let the gold and silver price find it’s true value? They must be the ones who are short and will need bailing out if the price jumped 30-50-100 %
When the rigged paper market explodes and the longs standing for delivery are cash settled at the “spot” price the real price for physical metal will be unknown for a while, that’s when the dealers will eventually find the true price by raising their prices to meet demand, I’d say you would be lucky to buy silver at $100 and gold for $3500 from miles Franklin or SD bullion, eBay might be the new pricing mechanism for a while?
As for when it breaks could be next week or a few months, unless Putin goes home sanctions are lifted and inflation is reigned in I don’t see how it can continue?
IVR Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
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