This is why metal investments are very long term. Despite inflation, I don't think silver has ever topped that $50 dollar high in 45 years. I think that was the high. If it gets above $40, I will sell my minuscule holdings.
I do not trust that communist operation called wikipedia. They write their own version of leftism into every article.
This is why metal investments are very long term. Despite inflation, I don't think silver has ever topped that $50 dollar high in 45 years. I think that was the high. If it gets above $40, I will sell my minuscule holdings.
I do not trust that communist operation called wikipedia. They write their own version of leftism into every article.
The Hunt brothers had a 100M oz. long position.
At the time, there was 12B oz. aboveground.
The metal did exist - it was just matter of letting the price run enough to bring it to the exchange.
Thanx for checking in David!