I don’t know much about what drives Silver prices but I did get in on a good amount when it was at $24. Now wondering if I should cash out before it crashes or is there a strong chance that it does continue to climb and to what? I hear so many opinions about what’s driving it up but I don’t know what to believe.
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People have done videos on this on when you should be selling, however, we are not near the game yet. I have read many articles that go back 20+ years, up to current day, that discuss the heavy manipulation of silver and the actual price where it should be if it kept up with inflation. Conservative estimates have it listed as gold should be around $18,000 per ounce and silver should be around $5000 per ounce. I believe once the Fed and the central bank is out of the equation, gold should reach bitcoin levels and silver can easily jump up to 10,000, maybe even up to $30,000 per ounce. I would hold until you get to those levels.