Silver began the year at US $22.40 and as I write it's trading at US $24.19. Silver is up 8% year to date! Gold is approximately 1% up and Gold has outperformed almost all other assets.
Silver has had a very good year. It's one of the best-performing assets on the planet this year.
Going forward the setup for Silver couldn't be better - supply/demand issues, geopolitical issues, federal and commercial bank instability, inflation, and as Eric Sprott says -
''oh my god, I'm very lucky that I own those things (silver and silver equities) in this market environment that we have. This is a bad bad bear market and it feels to me like it's going to get a lot worse.'
Silver is the best place to hold your money in this environment.
V
SILVER Price - The Coming Gold Standard, page-480
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Last
9.5¢ |
Change
-0.002(2.06%) |
Mkt cap ! $22.17M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 9.7¢ | 9.5¢ | $45.66K | 476.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 109205 | 4 |
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| Last trade - 15.54pm 25/06/2024 (20 minute delay) ? |
| BML (ASX) Chart |