Is it so difficult to imagine silver going 10x over the next 3-4 years? That would put the price over 290 per oz. What about a 30-40x move to over 1000 per oz? I can make an easy case for triple & quadruple digit silver over the next decade just by looking at the silver : M2 money supply. The creation of our currency = inflation. While this inflation (expansion) tends to go into financial assets first, it will catch up with the real economy in time. I believe deflation is temporary and the lag that we're witnessing is similar to the count down before a rocket takes off. Take a look at the Federal Reserve's balance sheet. We have a problem and it's going to catch up with us quickly. Look at the chart below of SILVER:M2 to understand where silver price is in relation to M2 money supply and how historically cheap silver actually still is..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.