Snow Leopard Posted April 26, 2021 Share Posted April 26, 2021 Is anyone looking at or involved in the SilverSqueeze at the moment. I have been stacking Silver for many years and my Mrs thinks i am a total muppet. She might be right but i enjoy collecting coins anyway. Over the years Silver has been cheap so i only need to be right once in the future. Link to comment Share on other sites More sharing options...
swissie Posted April 29, 2021 Share Posted April 29, 2021 There is no "silver-squeeze" in global markets. You may be referring to a local "silver-squeeze" for physical Silver in Thailand. (Thais are into Gold and not Silver). Silver is the little brother of Gold. Just more "temperamentful" than Gold, volatility-wise. 50% of Silver goes into "Industrial-Use". No Electronic-Device that has no Silver in it. Would mean, that Silver serves a "double-purpose": Increased industrial demand plus a "save-heaven" status, similar to Gold. Nothing wrong with you investing a certain amount in Silver unless you are 90 years old. Your Mrs may not understand your Silver-Strategy (instead of Gold). If you keep buying Silver she may not talk to you for 3 days, everytime you buy some Silver. Just "stay the course", someday she may thank you for it. Unless the Central-Banks raise the Interest-Rates above current global inflationary expectations. Not likely in the next 2 to 3 years. Of course, in such a case it would mean "game over" for all precious metals short/mid-term. Link to comment Share on other sites More sharing options...
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