Silver as an Investment
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Snow Plow
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Interesting article on future silver demand. It’s a very valuable metal for batteries and solar panels.
The late Ted Butler wrote about a supposed silver shortage and price manipulation for many years. He was regularly predicting a price explosion that he said was inevitable but which never happened. His archive is here: https://www.investmentrarities.com/theodore-butler-silver-archives/Interesting article on future silver demand. It’s a very valuable metal for batteries and solar panels.
I do think gold and silver are good investments now and continue to be subject to price suppression, but should be part of an overall asset portfolio, not the main focus. Many people were taken in by Butler's heartfelt and persuasive but incorrect scenario and put too much of their money into silver, which is still well below its price level from 45 years ago and has not kept pace with the stock market over the past quarter century.
Silver at 14-year high, tracking for new record peak
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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Silver at 14-year high, tracking for new record peak
The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Still waiting for my prediction from this thread of 50 to 100 dollars for an ounce of silver. Gold has been going up too but at
a slower rate. I wish I had some gold but sadly I don't. Good luck to all of the precious metal investors here.
Unfortunately gold is out of reach for most in a country where so many live paycheck to paycheck just trying to get by. But silver can be accumulated a few ounces at a time, "poor man's gold" as it's been called.
After taking 45 years to top its 1980 high of around $50 per ounce when the Hunt brothers were trying to corner the market, silver has recently been soaring, going up by one and two dollars a day and currently sits at $58.60. Gold is also still in a strong bull market.
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Good news that it finally broke that ceiling, and did so in impressive fashion. With the global economy a general mess, I wonder what further highs silver (and gold too) will make in the next couple years....
