SVL 2.17% 9.4¢ silver mines limited

monday's silver lining

  1. 4,287 Posts.
    From Cedar009 on the silver thread (thanks Cedar)

    And re the silver high in the 80's, $50usd per oz, keep in mind if that is adjusted for inflation, it's about $138usd per oz now. So the current price is still really about 80% below the previous highs in the 80's.

    And the proven manipulation over the past decades has totally destroyed any real idea of the silver price, as the market forces aren't acting normally. And every day more and more small amounts of silver are finding landfills, within small cheap electrical devices, never to be recovered, whilst the available silver to mine is set to not only decline, and possibly become extinct. It is the number one electrical and thermal conductor, so what do you do once it becomes so scarce??

    PGamble

    Please note this is only part of his thread. Yet I believe we (if results are good) will be singing HIHO SILVER
 
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