Based on the Fed's adamant nature on raising rates over the next two meetings, I see weakness in the silver price. But not much more.
I think the Fed pauses and possibly pivots to easing after August when the true nature of the coming recession reveals itself.
Following that I see a rapid rise in the price of silver, in a similar time frame between 2008 and 2011. However I do see silver will retaking $50/oz much quicker than it did the last time.
Then the price of silver is in no man's land and we must base our projects based on measurements of silver compared to other investments or commodities.
I think the Fed pauses and possibly pivots to easing after August when the true nature of the coming recession reveals itself.
Following that I see a rapid rise in the price of silver, in a similar time frame between 2008 and 2011. However I do see silver will retaking $50/oz much quicker than it did the last time.
Then the price of silver is in no man's land and we must base our projects based on measurements of silver compared to other investments or commodities.
