Silver is "quite overbought" and so "investors may want to take profits and wait for a pullback." If investors dump their silver, prices will crash like in the 1980s.
General public is completely unaware. This is industrial users guaranteeing availability of supply after decades of suppressed prices and thus exploration and mining just as base metal production (source of most {75 %} silver) slows.
If u are taking fiat there is no profits unless you spend the money right away. Play the ratios and you dont even need any more money. You leverage the increased value as gold and silver gsr is srill favorable.
Silver is "quite overbought" and so "investors may want to take profits and wait for a pullback." If investors dump their silver, prices will crash like in the 1980s.
Stackers buy and hold.
JP morgan dumped silver on the market to drop the price for many years.
They recently eliminated their shorts and are now long on silver.
Many analysts are predicting silver could get to $400 - 500 per ounce.
Why sell? It is skyrocketing, you never sell while it is on its way up with predictions that it may be in a 5 year bull run.
Yup and it will likely not happen again in our lifetime.
I disagree, people who buy it are using it up,it's not an investment for them.
General public is completely unaware. This is industrial users guaranteeing availability of supply after decades of suppressed prices and thus exploration and mining just as base metal production (source of most {75 %} silver) slows.
No one can doubt that silver is very volatile
Not volatile as it isnt going back down. Tje banks are fighti g it to keep it from its natural market value. Theyve lost the battle.
If u are taking fiat there is no profits unless you spend the money right away. Play the ratios and you dont even need any more money. You leverage the increased value as gold and silver gsr is srill favorable.