An extended forecast from the one I made the other day.
This is realistic. The inflation adjusted high for silver is $140 (CPI) and real inflation is $450.
I just wonder when the 200:1 naked shorts will finally cover as mines start to shut down.
Price inflation on a production of silver since 2009 has caused mines to not produce profits at such levels.
The $9 bottom in 2009 is equivalent to an $18 bottom in 2014 purchasing power, if you compare SP500 pre stimulus true fair value (sub 1000) to current value (1800).
tradingview.com/v/toxf0fo4/
Let those winners ride.