Quote:
Originally Posted by Ripon83
Correction? Silver down .70 cents an ounce in one day?
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With JP Morgan holding more silver than anyone ever, I would think it prudent to be very careful in that metal if your looking for price appreciation. One of the reason I believe we see 1 to 100 Gold/Silver ratio someday. I will probably be a seller of my Sterling Silver for scrap price should we ever hit $30 and buy more Gold.
I bet they could drive it down pretty far over a few months if they wanted.
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