Silver At 11-year Low

16 мар. 2020 г.

This precious metal is getting decimated after Chinese factory production(electronics) collapses in the month of February, down -12% in this trading session. This is going to be the deal of the century once a bottom is found as gold and silver are the only money to stand the test of time with over 5,000 years of recorded use as money, especially in a world where every central banks is currently hell-bent on devaluing their currencies. Silver took a dive at the beginning of the 2008 financial crisis, and then eventually exploded to new highs afterward. Once you understand the difference between money vs currency, you'll understand why gold and silver are important in the financial world.

We're likely looking at sub-$10 silver/oz before the bleeding stops. Gonna be a bogo deal compared to prices last week.