What a pathetic performance from Silver over the last 24 hours. It is struggling to stay above $14. When exactly is it supposed to go to $50, $100, $600 which you see quoted on HC forums.
Don't fall for the shortage of Silver scam that is infesting the internet. There is no shortage of Silver in the world .. there is only a shortage of processed Silver suitable for investment like coins, rounds, bars, etc. Look back at Silver investment sales over the last couple of years .... it fell to almost nothing. Refineries and mints cut back production & stocks to very low levels because there was no demand. Yes demand picked up over the last month due to Corona but since there was so little minted investment Silver stock it sold out quickly. Since mints also wound back production they are having to substantially raise production and that takes time. There is NO SHORTAGE of raw Silver coming out of mines .. in fact due to reduced industrial demand there is more Silver available than normal. Don't fall for the Silver conspiracy by the Silver pumpers & scammers.
