The silver market has been in a structural deficit for four consecutive years, and this situation is becoming more critical due to rapidly increasing demand.
Despite it all, silver remains up 17.9% in 2024 ...We do see support down to $27.50 and better support at $26.50, but we wouldn’t want to see a breakdown under $26.50.
This significant silver requirement for large-scale solar projects like the Stargate AI data center underscores the growing demand for silver in the renewable energy sector.
Silver once again took it on the chin, falling 4.4%. Silver is still up 16.3% in 2024. Nonetheless, the weakness in silver suggests to us that this corrective period is not yet over.
Jim Rogers discusses the US economy and why he's buying silver right now. Additional topics include the drive by countries such as China to stock up on gold, and what this tells us.
Gold Newsletter's Lundin is right that it's hard not to suspect that "hidden hands" are at work against the silver price just as they have been against gold.
Silver had a bad week. It plunged, down almost 6% and dropping below $30 once again. That’s the bad news. The good news is it held for the moment above $29.
Amongst all this gold hype, silver remains above $30. See an overview of silver demand and what's to come for the silver price in this compilation of some of our best silver chats.
