Grandich notes gold's shift to Asia has strengthened its market position, adding that both gold and silver now have equal importance, supported by global and U.S. political factors.
David and I discuss the bullish and bearish trends in the silver market. A lot of people are curious to understand the silver price of late, and David has some useful insights.
Murphy noted silver's resilience below $30 for years despite efforts to suppress it. Recently surpassing this mark, attempts to lower it have proven unsuccessful.
This repricing of silver is inevitable at some point regardless of what or who triggers it -- and the damage to the British, European and the U.S. financial systems would border on catastrophic...without a shot being fired.
Does the silver technical structure at $30 support suggest a target of $40? The long-term silver price chart suggests a run to new records. Is the gold consolidation suggesting a high probability run to $3000?
More than 25 states have introduced legislation this year to end taxes on gold and silver, bolster state taxpayer funds with the metals, and more in 2024.
Moriarty comments that silver is highly volatile, offering significant profit opportunities, as shown by its rise from $1.29 in 1970 to $50.25 in 1980 and other dramatic price movements.
Zang emphasizes silver's dual role in barter and investment. She forecasts that depressed gold prices will spur a black market, and discusses notable gold trends and central bank purchases.
WikiLeaks exposed market manipulation involving paper silver trades. It is recommended to acquire physical silver and invest in select silver mining companies.
