^SD Bullion is predicting an unprecidented bull market in silver
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^SD Bullion is predicting an unprecidented bull market in silver
No offense, but SD Bullion is just selling their book.
Silver has a long way to go in order to reach it's 1980 high. Depending on who's stats you believe, it could be much higher. Looking at official price indexes, it would have to reach about $157. I think the actual amount is a bit higher but what do I know. The story of the Hunt Brothers cornering the market has been blown out of proportion I believe. If you look at the ratio back then, it was in line with the historic ratios of Gold to Silver. Here's to the dog having it's day.--H H--
So far tonight silver high 29.90
The ag:au ratio is 71.25:1
Kitco ticker showing silver at $23.37 while all the bullion dealers websites are showing twenty-eight something. "Spot price" itself is pretty insignificant since it de-coupled from sales of physical, but the Kitco ticker is so insignificant there is no longer any reason to have it.