That silver will explode in price in the not-too-distant future looks like a sure thing. Don’t let any last-minute price smashes scare you out of silver positions.
The US is technically an insolvent state. BRICS controls 80% of world oil production. Buy gold and silver because not one paper currency has ever survived.
People are using credit cards to cover everyday expenses – a death spiral due to the higher interest rates. Add to that the federal government’s own ballooning debt service costs.
Silver coin premiums are coming down, but still too high - especially for Silver Eagles. If you already own them, prepare yourself for more price erosion. If you don’t own them, then wait or find a better alternative.
the Big 4 traders are short about 82 days of world silver production, down a whopping 10 days from the August 4 COT Report. The ‘5 through 8’ large traders are short an additional 44 days of world silver production, also down 10 days from the August 4 COT Report.
Silvercorp Metals' trajectory points towards continued growth, driven by the inexorable rise of China's solar power industry and the advancement of the New Electrification Economy.
The G7 "net zero" ESG agenda means some precious metals are the new oil. This bodes well for physical silver prices, as needed supply becomes harder to produce.
People who can barter with physical goods will likely be in better shape than those who don’t. I am just upgrading the quality of my particle masks for construction projects and enjoying dips in the spot price of silver.