iShares Silver Trust (SLV)

[SOROS]

If you look at the 5 year chart, didn't most of the buying happen around $32-$34 an ounce? Also, remember that when silver initially dropped below $30, the premiums on Eagles stayed really high for awhile. I think I remember paying about $30 even when silver broke $25 on the way down. Point is, I think most of the Eagles bought in the past 5 years were priced at $30-$36 or so, and I would bet most of those are still in the hands of the people who bought them. The world, and especially the US cannot live on borrowed, fake money forever. At some point, and I don't know when, the devaluing must take hold, and inflation must take off at a rapid clip. Or, the PTB will come up with a new currency and force an exchange to screw everyone out of 50-80% of their wealth. It would take magic to get out of this hole the psychopaths have dug, and there is no such thing as magic.