Silver demand up and price down Looking at the current state of the silver market I am in disbelief. I did not expect a repeate of 2020 with the dip of metals to go along with the dip in markets. Intrest rates heading higher and the usd index at an unbelievable high will have downward pressure on silver and gold prices.
Economically there is way more trouble on the horizon with the energy crisis in Europe. I'm not sure what Brics nations future transactions will be based on yet, as they are eliminating the use of usd. One would think that if there is a major move away from usd then we would see the metals spike in value. I am predicting a massive move up in silver. Usually after a drop there is a rally that takes it to new highs.
the comex is being drained with less than 1 billion dollars able to purchase all available silver. What happens when its gone? You think us apes will sell? Hell no! The miners will have value becuase the demand is increasing... Silver is a strategic metal.
inflation is way higher than is stated... it's happening all over the world. And silver is cheaper? Buy the whole damn lot. And don't let them have our miners at low prices... then they can be bought out. It seems like no one understands value. The markets are just casinos these days where no one cares about the company. Puts or calls. I look at companies that have a good chance at doing something big, making a difference and I support them.
Look towards the future and what will be of high demand. Max pain doesn't work when you don't sell the lows but rather buy them.