If silver holds the $30 support zone, that will break the cartel manipulation of the silver market. Once that happens, $40 is a piece of cake, $45 is likely, and $50 is possible for silver in 2025.
The results confirm the potential of the Jimenez vein, while highlighting both high-grade silver zones and broader mineralized intervals, and expands the exploration potential within the project.
Silver ETFs based in India have experienced remarkable growth since the first one launched just over 2 years ago. Silver holdings exceeded 1,000 tons in August.
It was a pretty quiet week for silver. So far, it looks like silver is holding that uptrend line currently near $30. Below $30 we could fall back to $29 and the 200-day moving average.
Russia's recent move to temporarily ban the export of precious metals waste and scrap is a significant development in the ongoing economic war between East and West.
