Hurley you need to go and study how inflationary pressures weigh on Gold. Gold has actually been one of the best performing assets since the March 2020 dip.
The Gold &Silver equities however are at one there greatest disconnects to the underlying commodities that they've been historically, which means this opportunity won't stay here long.
Until the upper and middle class really feel the affects of inflation and understand hard assets/commodities are the ONLY place to protect your wealth, gold will be range bound and with yeilds rising the dollar is where money runs.
Silver is always late to the party and follows Golds footsteps then out performs. Could it go lower yes but if you look at the charts most Silver equities including TMZ hit a bottom early July and Silver has gone lower again however the equities haven't put in new lows to match.
Question is would you rather be early to the party or late?
This is the cheapest physical silver has been in the last two years, do yourself a favour and buy some as once it hits $40 there won't be any left and you'll cry less if it temporarily drops in price vs your TMZ shares!
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