I have been waiting over 2 years for the back test of $18...still hasn't hit....I think banks kept it in $20's to keep the masses from buying under $20...they can afford to pay what appears to be high prices, but in reality, this is the cheapest silver has ever been in history...
Putin created gold standard on the Ruble...this is going to create a vacuum effect on gold..imo
right now people can buy gold for almost $150 less per ounce than the going rate for ruble conversion...that's huge!
I think it calc'd to around $2,070ish...
stay tuned, today miners were all popping higher when both silver/gold were down...They know..imo