Loading ...Yeah, its been really sad to watch the metals just flat lined and silver is still only about 50% of the high back in 2010. It’s only about 50% of it’s 1980 high too. The only winners in the metals markets have been palladium and rhodium and these so called experts never told anyone to buy into those metals. How a metals market expert completely is blind sided by palladium’s price move still doesn’t sit well with me.. I listened to them for years and never heard anything but crickets about palladium and rhodium as they preached non-stop silver and sometimes gold. Until all the blind naked short selling of gold and silver are removed it seems pretty obvious they will stay near the cost of taking it out of the ground. Obviously they can’t push silver to $8 or the silver miners would collapse and production would stop. They know about $25 – $30 range there will continue to be ample supply of silver as the miners can make a decent profit just they keep it capped from moving any higher other than the occasional blip.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.