RE: Silver up 7%3 Oct 2022 18:16
The people that always come on and say there is no correlation between silver & UFO are not invested and worried about missing a rise. The correlation is obvious and today once again proved it. Case closed.
SILJ up with Silver and many juniors on SILJ haven't even found any silver yet (just hold lottery ticket tenements that are unlikely to even get permitted).
UFO has a huge advantage here with mine shafts & mining lease to get mining far far quicker (usually takes min 5-7 years for other explorer).
The amount of silver that was bought on silversqueeze, it should have broken out $30 which is why I held. JP Morgan admitted tamping down. Silver is manipulated, but can only be manipulated for so long. Comex running dry.
Billionaire Eric Sprott has always said, "Once this dam (manipulation) breaks you could see $100 silver within a week."