With hyperinflation looming, silver has to be one of the best investments of these times, especially as it leverages gold’s gains. This Summer saw a spectacular high volume breakout from the giant base pattern that had been forming for years, as we can see on its latest 13-year chart, which is hardly surprising considering the Fed’s white hot money creation.
In what seemed like only a matter of time, China is now reportedly buying silver according to Andrew Maguire.
It’s a move that would make sense and seems almost overdue. And to find out what Andrew is seeing, as well as his latest thoughts on the JP Morgan scandal, and whether investors will be able to file class-action lawsuits, click to watch the video now!
Also, we heard a lot of news last week that the U.S. Mint increased the price of its 2020 Silver Eagle to $67. I discuss why the U.S. Mint is increasing the price of the 2020 Silver Eagle and if that is going to impact precious metals investors.
The USD/ZAR chart has been a good predictor for silver rallies. Similar to the US Dollar index, but a bit more accurate or precise. Very important silver bottoms tend to coincide with tops of the USD/ZAR chart.
Regardless, there is a half-billion oz of Silver Eagles held mostly by Americans. I can assure you, those who own Silver Eagles will be glad they protected wealth in these high-quality silver bullion coins.