US Dollar took a hit today as well. No interest rate increase, inflation rising, market topping off and will probably be flat for the next year or two....only 1 place to be ...Precious Metals!
big up day followed by big down day is not a good sign.....markets have been on a 4 year tear...can't last forever. Buy PM...Silver is cheap.
With no rising interest rate, no dollar rising, earnings at peak and inflation rising ...and cost to mine silver at $19/oz...BUY SILVER NOW FOLKS!!!!!
why would anyone sit on silver since 70s? and why would anyone sell at $15? First of all, no way it gets to $15 second, mining silver cost $19/oz..simple economics
don't think any bagholders left after 4 year of performance and this current drop. Again $19 to mine silver, will not stay below $19 for long..
no way Silver stays under $19 for long..and with all the weak hands gone this thing could bounce quickly above $20+