The gold and silver prices are down substantially on Thursday morning, although, as you might imagine, there’s plenty going on that’s affecting the markets.
So I thought you might enjoy this one, and hopefully it adds to your understanding of the complex, yet fascinating dynamics that exist in the silver market right now.
The upsizing reflects continued support from existing shareholders and interest from new investors as the Company advances the Prince Silver Project, located in the Pioche Mining District.
If gold and silver are entering a higher-volatility era, investors who plan ahead and stay disciplined will handle it better than those who react to every spike and dump.
In the shorter term, I would be prepared for just about anything. There’s supply and demand, but again, there’s still the ability of heavy chunks of sell orders to push the price lower...
