Michael Oliver calling for US$50 Silver by November buckle up !, page-29

Secondary supply of silver possibly only 1 year of supply left at current rate of consumption, does $50 silver sound unrealistic ?

From TD Securities senior commodity strategist.

- A silver squeeze is approaching and likely in the next 12-24 months as LBMA silver supply is almost exhausted. The most stunning assessment is that the LBMA had an estimated 165 years of supply just 5 years and now that supply is all but gone.

Imagine what is coming if this guy proves correct?

A $200 Ag price may prove conservative, due to silver's strategic importance in the renewable manufacturing industry/ Lithium, eat your heart out.


Dyno commented
This may also be an underestimation.

I hear rumours that the Chinese media are recommending that silver is going to be a better investment than Gold in their publications.

Holding all my shiny stuff and this stock with excitement!

Once it starts, there will be no stopping it!

All imho.