I couldn’t agree more with the argument that both Gold and Silver are extremely undervalued today. Unfortunately, what all of these prognosticators forget, that part of the reason why they’re so cheap, is that the manipulation of the metals via algorithms, rehypothecation, and various other shenanigans, has cemented the notion that institutions don’t want to play in this sandbox. They clearly know that the fix is in, and will not commit larger proportion of funds to something that is so manipulated. My best guess is that when we see G&S start to go up $50-60-70+ on a daily basis, that will be a red flashing light to institutions to jump in. But again, what do I know ( been wrong for so long).
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