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Re: vlispxpert post# 402367

Monday, 03/26/2018 2:58:42 PM

Monday, March 26, 2018 2:58:42 PM

Post# of 647604
Hi vlispxpert, I know a lot about silver; I've been following it closely since 2012 and own several hundred physical ounces. That said, I'm not convinced it's going anywhere, for any appreciable amount of time. The Silver Users Association has a fix on the price of silver and they use their connections within the CFTC to keep the price suppressed. If silver prices go too high the medical device and electronics industries won't be able to afford putting it in their products. JPM also holds the largest silver short position on paper.

A quick spike like 2011 is all that will happen. Not to say money can't be made, but high gold prices are more sustainable due to the fact that gold is fairly disconnected from industry (except jewelry) these days.


If you don't have a set of these you best put your money in a CD.

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