So right now you've got gasoline hitting $3 in a lot of places while at the same time interest rates are going higher. Think of all the people with HELOCS with hefty balances, and all this while sales are already terrible.
Someone is going to have to start buying those bonds otherwise people with adjustable rates will start dropping like flies. I think that will send silver to new highs and then some. Just my opinion.
Just my opinion.
in a big way shortly in my opinion.
If it was because they're getting better then all the money that's coming out of bonds would be going in to equities. I think the Fed is going to have to come in and start buying bonds again.
and they're going to raise rates over that? Please.........
Yea but that's still 46% of the total of last months in 3 days! Now physical buyers get even lower prices to mop up.
I don't think they can wait two weeks for their next meeting to say that there's zero percent chance we're raising rates.
It's only been about 6-7 years since silver bullion has really been bought, starting in 2009 when 28 million Silver Eagles were sold. Silver or gold is a great way to invest going forward because I just can't see an economic recovery. People that can't afford it get very little return for their $300.00 prime cell phone/cable bundle plan, maybe another $400.00 car payment. Water/Sewer seems to go up every couple months, same for electricity. Between gas, water, electricity, is probably an average of $300 per month. Property taxes and insurance probably an average of $400 per month, food bills another $300 per month. Mortgage payments probably $600 per month. All of these things have skyrocketed over the last 20 years while incomes have stayed the same.
It looks like demand is here to stay.
the stock market and what's worse is the out of this world leveraged real estate market is not going to like higher interest rates.
raising interest rates to follow it higher. I think there will instead be a doubling down on QE to force rates lower again.The only thing that's keeping the markets above water are the zero rates. I could be wrong and they follow the market up a couple 1/4 point rate hikes, but then the risk is when QE is doubled down because of recession it's just ignored.
Should be another record breaking year for silver investment if it's available.
That's where I think we'll eventually see silver.