A Massive and Premeditated Bear Raid

Despite the fact that silver has now broken the $64 barrier — and the silver well in London is running close to empty…with very elevated lease rates…the gold/silver ratio remains at a farcical 69.5 to 1 as of the Friday’s close. The ‘normal’ and historical ratio is around 15 to 1…which would put silver at about $286. And if priced at the ratio of 7:1 that it comes out of the ground at, compared to gold…that would put silver at around $614 an ounce. So a triple-digit silver price is in our future — and all that remains to be resolved is what that number will be — and how soon ‘da boyz’ allow it to happen.