Telemark
5 year old buck +
There's way more money floating around than metal. That's part of it. The other is, there's speculation that there's as much as 500% more silver sold short and naked than is produced in a year on the flat earth. One school of thought is banks are long silver and central banks are driving up the price. The other is the shorts got their b*lls frozen to the front porch and the longs have them cornered.
Who knows if any of that is true? All I know is thieves will always steal, and the steal has to be bigger every year to keep up their lifestyle. Thieves are affected by inflation too.
It looks more and more each day like I'm gonna get my Visa shares, and now way more UNP than I really wanted.
Yeah, but where is the money coming from? It's not being pulled out of stocks or real estate. It's probably not boomers looking for portfolio growth. Is it coming from Europe? Asia? Russia?
EVERYTHING is at all-time highs, and that is a very dangerous place to be. Something has to give. It's like stretching a big rubber band. Eventually it will break and come flying back in your face.