Now, demand for silver is climbing. And there is a supply shortage. But with narrow margins, times are tough for silver mining companies, even with silver at $30.
The company is pleased to announce additional drill results at the Aguilar vein discovery located 5 kilometres south of the existing resource along the 30 kilometre vein corridor.
We're nearing a period where massive, sustained silver rallies will likely occur, as the best rallies often happen near peaks, with silver rallying around 2 years before each peak.
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.
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.
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.