@PolitBirojs@PeterSchiff@grok Did the hunt brothers pop it to 50 in 2012? Did they pop it to 50 in 2025 and past to $120? One data point doesnt matter ...
@PolitBirojs@PeterSchiff Silver follows gold. Like it always has. Focus. Did the hunt brothers cause hold to spike? Oil? All other commodities? It was inflation, like it will do again and has now
@PolitBirojs@PeterSchiff Incorrect. The price of commodities all reflected the inflation of that time. Everything went up and down. The inflation of that decade along with war with Iran is back. History rhymes
@PolitBirojs@PeterSchiff Silver recovered against gold in the 1970s. One peice of gold ($850) traded for 17 peices of silver ($50) ... that spread will return. Expect silver back between $250 and $350.
@PolitBirojs@PeterSchiff Incorrect. Gold at 50 in the 1970s versus 850 gold is a 17 to 1 ratio. Thats the historic average. 15 to 1 with a conservative at 20 to 1. Stay tuned
@PolitBirojs@PeterSchiff Anyone giving you a timeline on this should be avoided. It will happen though. History has shown us that the manipulation can only last for so long. Silver went from 25 to 120 in 8 months time last year ...
@PolitBirojs@PeterSchiff It has only lost that its correlation with gold temporarily. This was due to suppression by China and the USA because they wanted to produce elecrtonics as cheaply as possible, but that relationship has soured. Silver will soon reflect its true value ($150)
@PolitBirojs@PeterSchiff The same thing they've done for the last five thousand years of history. Use it as money. Oh wait, no. This time it'll be different ...
@PolitBirojs@PeterSchiff All of the central bankers agree with your comment. They buy because they are dentists and jewelers. Wow. What an ignorant statement. Do you live under a rock?
@MacleodFinance Now that the fall and winter call for silver to go to a million dollars was wrong, time to adjust and just push it out a bit further into the future. You should be ashamed.