How is it possible that silver is only at $17.40 per ounce when the US dollar index is at 89.30? There is obviously major manipulation!!!!! If you just do the simple math using todays date last year you will see that it truly makes absolutely zero sense.
Last year silver was at $17.11 per ounce, while the US dollar index was 100.17. Using just those figures alone, clearly something is wrong. Silver is only up 1.7%, while the US dollar index has dropped 11%. If the market was true, that alone would have silver currently trading at $19.00 per ounce using the US dollar index alone.
The stock market is breaking all time highs, oil prices are steadily climbing, but silver has barely moved. Just yesterday silver was back under the $17.00 mark for most of the day. When does it end???
We have been in a silver deficit for the last few years with mining, oil prices have increased, it is costing more to retrieve the silver underground and the price of silver still has not moved.
What are you thoughts???
