Buying furiously seems like an excellent plan to me, and i am walking the walk, but i hear ya... who knows how long the market can be surpressed!? Certainly at some point though, there will come a supply shortage, and then this strategic asset will have a fine and shiny day in the sun.
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I agree with you as the consensus is that it's true value can't be close to the current 17 usd range. The problem is I don't think the powers that be will ever be out of ink, so paper contracts, printed fiat, and fudged numbers will continue to rule....for now.
Meanwhile, JP Morgan keeps on stashing more silver away...
The powers that be have certainly held the market down for a long time. With the amount of silver at spot deals that are coming along, I can't afford to keep up. It's a damn good problem to have, though.
JP Morgan was the largest holder of Ag shorts going back several years. They always made money, and now they have become the largest holder of phyzz... such blatent crime, it’s ridiculous.