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...
Unsavory and speculative interests got into the markets for the metals. Silver, especially, got played. Similar to what happened to nickel a few years ago, and platinum and palladium...
After screaming through $100 and then $110, hitting an all-time high peak of $121.64, silver turned tail and collapsed almost 31% in a mere two days to $84.20, going through $100 again..
