Sunday , 25 September 2022

Silver

Silver Could Hit $150 A Troy Ounce – Here’s Why (+6K Views)

...A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming....The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher...[as] the two still generally trade inverse to each other and, while gold is perhaps the safest way to hedge against a falling dollar, the most profitable option is silver.

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Silver Is In A Massive Bull Market – Here’s Why (+2K Views)

It's Economics 101. Price works to balance supply and demand. Limited supply causes higher prices; higher prices help curb demand...[and] that equation is playing out right now in the silver market. Mined silver supplies have been drying up over the past few years, while silver prices have climbed 20% in the same time frame...

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