Replies to Msg. #1260906
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 Msg. #  Subject Posted by    Board    Date   
05441 Re: Gold and Silver
   Decomposed > (Someone remind me why what they did was illegal.)...
Zimbler0   GRITZ   14 Mar 2025
9:47 PM
05424 Re: Gold and Silver
   Re: “ I therefore think we'll see silver at $34 later this month…”I wrote that on February 4th when silver was $32. My call was wrong, but I was sticking my neck out there in calling for a 6% climb in only 3 weeks.

Today silver hit my target, albeit briefly. I just thought I'd point that out. $34 is a long-term high for the metal, but not a record high thanks to the Hunt Brothers and their illegal attempt to corner the market back in the 1980s. (Someone remind me why what they did was illegal.) I think they elevated the price into the high $40s. It will likely be some time before silver's price tops that.