I wanted to show a few chart for people who may not know about the price of silver in recent history, and why now is actually an incredibly great time to buy.
10 Year Chart - High of $48.58 - Bad time to buy lol
1 Year Chart - High of $20.67 - About 2.5 times less than its high in 2011
All silver data going back to 1967 - high of $49.45 (due to Hunt brothers allegedly "cornering the market" - totally legal what they were doing! They were hedging their money just like you and I are doing, but just on a larger scale!)
The Story of the Hunt Brothers Cornering of the Market - 1980
More about the Hunt Brothers
Silver manipulation is rampant right now, with prices being suppressed to incredibly low prices, causing many miners to go out of business. This is a weird and old video, but a very true video explaining what's going on with the silver manipulation.
The price of silver simply cannot stay this low for very much longer
JP Morgan is buying and hoarding silver at these low prices to make a HUGE profit when prices go up.
"They've been doing this since 2008, and currently hoard more than 550 million physical ounces of silver, making them the largest silver hoarder on the planet. They have a perfect record of shorting the metals on the COMEX." They never lose! This is highly illegal and immoral.