Silver is usually 1/100th the value of gold, and it still is. So clearly you must think that gold is being suppressed just as bad as silver, yeah? I've heard the tales of the derivative markets setting the price of the actual asset (instead of the asset controlling derivatives like one would expect), and I believe it. The world is in for quite a shock if the derivative market fails and precious metals reevaluate to their true value, eh?
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Yes, I was reporting on gold price manipulation 10+ years ago, when it was only the talk of "nutjobs". Like with most things I was right about, when the truth came out, nobody apologized for calling me crazy all those years. But I'm used to that now. Really, really used to it!
Historically gold has been about 15 times the price of silver. Recently that went up to 125 or so, right now it is 73. During this PM bull market, that number should drop back toward (or even below) 15.
Interesting.
People are notoriously good at forgetting that they were ever wrong.
So true. I constantly remind myself that it's okay to be wrong, and powerful to be able to admit it.