Say you take a thousand ounces of silver to the little corner shop to sell your silver.
Silver goes to 300 and you take 1000 ounces to your little corner metal shop to sell. 300 x 1000 = $300,000
Where are you going to go to sell your 1000 ounces at 300 dollars an ounce? Where is mom and pop going to come up with 300K to give you. Not to mention the line of 10 others outside . Do they have 3 million dollars on hand to hand out?
Silver will be back down within a month
A Democracy is 2 wolves and a lamb arguing what's for dinner. In a Constitutional Republic the lamb is armed. We live in a Constitutional Republic.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.