Lin projects we could see silver surpass the record of $50 an ounce very quickly. And even if we don't see record prices in the coming months, the outlook for silver is positive.
Louisiana’s sound money bill simply affirms that “any gold or silver coin, specie, or bullion” issued by the United States government is considered legal tender whenever voluntarily agreed upon by both parties to a contract.
The Supreme Court upheld the state's right to maintain its own charter and allow state banks to issue gold-backed currency, bypassing the Federal Reserve's corporate system.
Over the past six months, Silver demand has shown a clear trend: aerospace and military sectors are the top consumers, with solar energy trailing in a distant third place.
The most significant silver rallies occurred during a period when the US Dollar Index was declining. For this reason, the direction of the DXY is an important signal for silver bulls.
It’s unfair for the U.S. government to tax capital gains on gold and silver. Those “gains” are the result of the debasement of paper money, which is the fault of the U.S. government!
While gold has gotten the headlines, silver has had a solid bull run over the last several months. In fact, the white metal has outperformed gold in this gold bull market.
Over the last 125 years, silver has formed two similar patterns. This year could be a breakout year, with a potential top around 2028 if the pattern holds true.