Silver, like gold, took it a bit under the chin this past week, given all the talk that the Fed won’t cut, then that the Fed will cut. Silver fell 1.4% but remains up 70.7% on the year.
The key difference is that, especially with the silver price rising, solar manufacturers have placed an even greater emphasis on thrifting, aka using less silver in each panel.
Throughout the episode, Maharrey returns to a simple conclusion. When money is untethered from anything tangible, depreciation is as certain as death and taxes.
CEO McDonald: "The two holes are 95 meters apart and associated with nearby magnetic highs, which may indicate the intrusive source of the gold. More drilling will be done to assess..."
Silver came within a whisker of making news highs, which is hardly surprising, as it has catching up to do relative to gold and is poised to embark on a major parabolic acceleration...
