What are you holding out for with silver?

And we don't have manipulated markets today? It's a fair point, sure, but taking the example of oil even. When there were lines around the block in the 70's that was still only $1.25 per gallon. That was manipulated by OPEC, yet today we pay nearly $4.00.

 

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The oil shortages were not about quantity, the US made it into that, it was about price. OPEC simply thought they should be able to charge more, the US was trying to prevent that, so therefor there was a shortage. Classic government intervention prevented a market clearing price to be reached.

I think that is much different that investors attempting to corner a market, IMO. When I look at silver I simply use gold's chart from 1979-1984, and put it into relation with silver. I believe that action takes away Hunt's attempted corner and gives a cleaner data set. YES, silver should have went up then due to hyperinflation concerns, but not as far as it did, again IMO.

 

Interesting to see you refer to "months" as "short term." I consider 1-3 years short term. Made me recall how the Europeans think America won't have history until we are over 500 years old