RE:RE:RE:RE:RE:FIRST QUARTER 2021 HIGHLIGHTS'Silver is not going back to $15 with commodities skyrocketing and money printing on a hyperinflationary trajectory'.
Supply chains are getting stress tested and common sense would dictate that there's a lot more chance of the silver price being way in excess of $50 than returning to $15 for sure. It will have its turn so I agree with Neumeyer it does have potential to spike past $100, how long it would stay there for and how much it would overshoot before finding equilibrium is a different matter. Either way, FR would be a cash cow on steroids and the shareprice would very quickly reflect that.
Everything on this planet is getting stress tested deliberately, it's health systems, supply chains, cyber attacks will come to every sector whether it's gasoline pipelines, nuclear, financials, payment systems, social media or electric grids, it will all get tested. The thing you should fear most is the food supply that you take for granted, that could get ugly, especially as we are entering cycle 25 and a GSM. If it's anything like the Maunder minimum (1645-1715) then with current populations we are in serious trouble. Even the Suez was tested but as if by magic a month later Israel offers its alternative canal from Eilat.....I am sure recent Suez events will mean that finances are now more likely to be forthcoming for that project lol.
So yes we live in crazy times so my suggestion would be get tangible. Is silver part of that, yes, a reasonable bet, but far more importantly prepare yourself on everything as best as you can because you're being tested as well. The question is, did you fail the first test?
Apologies on going off on one but there are far more important things going on than silver at the moment.