Silver is doing nicely, looks to me like a sustainable upswing. The conductor is calling all aboard for cheap silver. My humble opinion is southfork is right, this is building steam.
Meanwhile, I am getting the ingredients together for that cake. Maybe not chili this time. I still have indigestion from that chili cake.
Overdrive would be 3 digit silver and 5 digit gold. I wish the forum would stop hoping for TEOTWAWKI because I can assure you by the tone of things around here that they're not ready for the day, if it were to come.
Wake me when it gets back to $50, OK, at least over $20 !
Let's hope there is hope in this.
The price of silver has zoomed up, on the heels of Deutsche Bank's confession of their suppressing the price of silver (implying a price suppression scheme for gold, as well). Guest, Andy Hoffman points out that another "too big to fail" bank, UBS admitted to doing the same thing last year, as did the Bank of International Settlements.
Deutsche Bank has agreed to turn over State's Evidence and to rat out the other banks that have been doing the same and by so doing, they've opened themselves up to class action lawsuits. One, for $1 billion has already been filed. (Readers of this blog who have lost money in precious metals over recent years may be eligible for reparations and are urged to look into this).