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19/04/18
11:49
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Originally posted by aldo
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The current set up for silver is looking very healthy and is indicative of a continuing run for strong price gains.
Kitco shows a 5.5% gain in price for the last 30 days.
This price movement should be strongly supported by an American market looking to place money for safety and some potential gains.
The Japanese have dumped billions of US treasury bonds and this has had the effect of destroying the yield curve. When inflation is factored in there is no benefit to hold these bonds. The US stock market is showing wild price gyrations and large swings to the positive and negative on generally light volumes.
If the bond market is not attracting money, if the stock market is deemed too risky, if the real estate market is at the end of an upward cycle, then where will money go to?
Precious metals would seem like a very safe and logical choice.
I don't qualify my statements with words such as "if", "could", "might" or "perhaps" and I stand by my analyses.
I believe my $50 price point estimation for silver by the end of the year will be surpassed easily.
Mark my words.
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I believe my $50 price point estimation for silver by the end of the year will be surpassed easily.
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