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.
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.
Silver has support down to $29, but if that breaks the next support comes in at $28.50. Below that, we don’t find support until $26.50. Resistance is at $32.
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.
