mathjak107
Well-known Member
- Location
- bayside ,queens , ny
just look at 2008 for more recent expectations of what silver did in a bear market for stocks . it plunged while gold rose .
In 2008 there were massive margin calls across the boards that hit anyone who was leveraged, thus forced de-leveraging caused big investors to sell their borrowed assets, such as silver, investment properties, and multi-million dollar homes as speculators had to liquidate to meet their margin calls. When silver plunged it was not possible to find small size physical silver to purchase anywhere near spot price. I was a purchaser of silver at the time and know this for a fact. This was a huge signal that the sell-off was not based on fundamentals.
There is a reason J.P. Morgan has been cornering the silver market. Ask yourself why.
Silver is money, therefore, has value. Currency is not money and has no value. In the coming currency reset the dollar (currency) will plunge...a devaluation of 50% is possible. I truly hope that you and everyone reading this will protect themselves while there is still time.