Silver prices are struggling. Strange for a sector in supply deficits. Like gold, silver spiked sharply downward on August 9, hitting a low of $22.28 that was perilously close to the November 2020 low of $21.96 and the September 2020 low of $21.81.
While the COMEX silver price still isn’t showing you yet, there are a lot of developments happening NOW, that are laying the conditions for the REAL silver price to rise.
Silver led the precious metals rally this week following the Federal Reserve meeting. Gold also rose as real yields held near a record low and the U.S. dollar eased after the Fed said..