Here is what my husband said about silver trade 40 years ago
I did hear about that one.
- If silver were to rise to the silver & gold ratio the hunt brothers ran it up to silver would be more like 10x the price right now.
- Now we have a global market for silver, so it is less likely someone can corner the market or manipulate it to the top.
- We have the opposite occurring here over the last 25 years: the banks have been manipulating silver DOWN in price.
- True silver against the declining dollar is something like $150 for silver (its $75 now). Or higher really, depends on how much they debase the dollar when it goes digital backed by crypto.
I think when Bessent turns the lights on for the new gold backed financial system, the dollar goes down by 90% and silver stays around $200.
Husband sold 80% silver on my account to let me bid forclosure houses but keep all silver on other two accounts for college funds, he said it is worth to keep silver for a long time.
