Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets, warned Larry McDonald. With the national debt approaching $35 trillion, there are only two ways out of the situation — defaults or printing more money. A commodity bull market will dominate the financial […]
China has launched its CBDC and continues to invest heavily in gold. There is palpable tension among Western central banks to keep up and assert their dominance. The introduction of central bank digital currencies (CBDCs) seems inevitable, with significant potential repercussions for the gold market. While touted for their convenience and efficiency, CBDCs also herald
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Two Common Questions: Is Gold Better Than Silver? Is Silver Better Than Gold? Without getting too technical or talking through hypotheticals, let’s explore the most basic similarities and differences between gold and silver. Both gold and silver are precious metals that have been used as money and for jewelry for thousands of years. They
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The monthly silver price chart is the most powerful chart, in financial markets, not just for April of 2024, but for the entire year. The 20-year silver price chart could not have been any clearer than this – a clear and powerful silver breakout is ongoing. The upside target remains $34.70 which might be hit in May of 2024
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Silver is increasingly becoming an industrial and an electrical metal, says Matt Watson, founder of Precious Metals Commodity Management LLC. Nearly a third of the global silver supply, about 300,000 ounces, is now used for solar power. Other industrial applications include automotive, solder and brazing alloys, and water purification. Solar plus automotive, which adds another
Analysts say silver appears well-placed to outshine the yellow metal in the second half of the year. Precious metal prices have pushed higher in recent weeks amid growing expectations of U.S. interest rate cuts. Earlier in the year, the Silver Institute said in a report that global silver demand was expected to reach 1.2 billion
A recent physical silver market research report suggests silver to hit $30 in 2024. This seems a very low silver price target considering many factors including a silver supply deficit, a bullish secular silver chart, and silver relative to gold undervaluation. A recent physical silver market research report suggests silver to hit $30 in 2024.
Silver Set To Rise To $30 This Year, But Where Is Momentum? Read More »
Global silver demand is forecast to reach 1.2 billion oz in 2024, the second-highest level on record, the Silver Institute said. “We think silver will have a terrific year, especially in terms of demand,” the executive director of the Silver Institute said. “Gold will shoot up first and then you will see silver take off
Silver Set for a ‘Terrific Year’ and Could Outperform Gold to Hit a 10-Year High Read More »
Industry now consumes 60 percent of silver compared to 50 percent a few years ago. Krauth believes the disconnect between undersupply and overdemand will eventually lift silver prices. Last year, the Silver Institute predicted industrial demand would grow by 4%, when it grew 8%. It expected solar power installations to require 160 million ounces when
Simply put, the corrections in Gold and Silver are coming to a close. The peak in the 10-year and the DXY will signal the beginning of the rally to new record highs in Gold. My target for Silver is 28-30. Then the 10-Year will fall below its low of 3.78% while the DXY breaks 100 and
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