Until the economy's get back, industrial use is stymied. That's 60% of silvers use. 30 maybe this year unless the dollar recovers and bonds offer higher returns first.
Gold was flat, up some finally. Silver mining stocks retreated a lot as silver fell. Wish I knew how to track where the funds are focused. Maybe more heavily on gold specific ETFs?
I rather expect silver to languish between 19-22 until the election. (The following is an observation/prediction, not a political statement).
If the dems and their New Green Deal win election, silver between 50-100 by end of 2022. If The republicans win, silver 30-40 same period. Either way, silver a decent long term play IMHO.
blitzdude
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Not until Monday.
Dave
Tuesday at the latest.
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I dunno !!! 👍
pessimists!
Don't know... but sure running for now.
What is a good asking price for ASE at spot +_ $22?
Might as well shoot for $47...the plumbers OK'ed work order seems to keep rising.
Coincidentally inline with the rise in silver yesterday.
$22 silver?
Give Me Liberty or Give Me Debt
I'm showing just south of $23. Regards!
The whole worlds off its rocker, buy Gold™.
It was a history lesson for the pessimists. lol
Give Me Liberty or Give Me Debt
Yes we will see $37.00 and it will be sooner than later.
I might have to sell for that price.
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Until the economy's get back, industrial use is stymied. That's 60% of silvers use. 30 maybe this year unless the dollar recovers and bonds offer higher returns first.
silver just hit the $22s !!
Silver $22.49 ..... -0.55....11:15 EDT
It's making a good run anyway
Gold was flat, up some finally. Silver mining stocks retreated a lot as silver fell. Wish I knew how to track where the funds are focused. Maybe more heavily on gold specific ETFs?
I rather expect silver to languish between 19-22 until the election. (The following is an observation/prediction, not a political statement).
If the dems and their New Green Deal win election, silver between 50-100 by end of 2022. If The republicans win, silver 30-40 same period. Either way, silver a decent long term play IMHO.
Maybe soon in Canadian dollars.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Did I say $22s? I meant $24s!
Cheapest, current price to buy physical silver from a Canadian supplier is $34.90 per ounce. (and that's for a 1000 ounce brick).
Website of Canadian dealer................
www.xau.ca
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
At the rate the USD is dropping I might be converting to CAD in the very near future.
$34.90 CAD is equivalent to $26.10 USD. Seems to be inline with the current rate for bars of that size.
The whole worlds off its rocker, buy Gold™.
ooops
I meant $25s