Anyone else excited about the recent move in the silver $965310 (-1,74%) price?
Some of the reasons why I'm excited:
- The chart looks a lot like 2008-2010, the first stage for a 500% move
- 5th year of production deficit
- more silver is needed every year for green technologies (solar, EV, electronics)
- solid state batteries will consume a lot of silver
- gold silver ratio is extremely high, silver has to catch up to the price of gold
- high inflation environment with pressure for lower interest rates because of government debt
I'm holding on to my position. Ready for the ride!
$SLV (-1,95%)
$SILVER
$SIVR (-1,94%)
$SIL (-2,64%)
$CEF.U
$PSLV.U (-2,29%)
$AGQ
