Silver can't stay where it is right now very long. It's under mining cost. Miners will either stop mining it or start hoarding it till price goes up.
Silver supply is getting tight in areas. I started stacking 10 months ago.there was plenty to buy and choose from at my lcs. For the last 3 months,his shelves have been almost bare. I bought gold for a couple weeks cuz there wasn't any Silver to buy.
Bingo. Most silver is made as a byproduct of copper and other metals. True silver mines like Bay horse silver can be profitable at $10 oz. not many mines will make silver at these prices making supply go down.
Do not wait on the gold and silver!
Silver can't stay where it is right now very long. It's under mining cost. Miners will either stop mining it or start hoarding it till price goes up.
Silver supply is getting tight in areas. I started stacking 10 months ago.there was plenty to buy and choose from at my lcs. For the last 3 months,his shelves have been almost bare. I bought gold for a couple weeks cuz there wasn't any Silver to buy.
Bingo. Most silver is made as a byproduct of copper and other metals. True silver mines like Bay horse silver can be profitable at $10 oz. not many mines will make silver at these prices making supply go down.
i've already been stacking a sizable amount over the past few years. so from here on it's just a little extra for the sake of it. i'm not too fussed