All I Want For Christmas Is The Biggest Silver Price Smash In History

December 19, 2022 / / Article Link

Is that too much to ask for?

(by Half Dollar) Merry Christmas!

All I want for Christmas is the biggest silver price smash in history.

Is that too much to ask for?

I mean, I haven't sold any silver this year, and I did make one purchase.

In fact, I purchased a relative crapton of silver on July 5th, 2022, at the price of $19.86 per ounce, which included the premium I paid:

I would like to buy more, however, and that is why I want the biggest silver price smash in history.

You see, all things considered, in my opinion, as has been my opinion for a while, I find silver to be overvalued right now, and it has to do with the premiums.

Indeed, when the "silver to silver ratio play" is supposedly a thing, or when the markets are so dysfunctional that the price on the screen is nowhere near the price in real life, overvalue happens.

Furthermore, if I'm wrong about my call, then I'll have to figure out a new "back up the truck" price because I'm not really into overpaying for silver like that.

Regardless, in the short-term, we're fast approaching Corporate America's Get-It-In-Time-For-Christmas Day I've been talking about for several weeks, so perhaps Santa will put me on the "nice" list for a change?

If not, there are still many "trading" days left in the year, so a New Year's Eve bonfire behind the woodshed would be cool too.

Either way, if anybody could leak Santa's list, I'd appreciate it.

Joy to the world...

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