The price of silver slipped today, just shy of a major breakout, and the reason why should come as no surprise: higher than expected inflation data. However, this dynamic is showing signs of changing…
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HOW TO INVEST IN SILVER: Silver IRA Investing
Today, silver prices slid as investors weighed global economic uncertainties and potential interest rate hikes by central banks. However, despite the temporary dip, many experts believe that silver is on the verge of a major breakout in the near future.
The silver price slipped today as a result of a strengthening U.S. dollar and concerns about a possible economic slowdown in China and Europe. Additionally, speculation about potential interest rate hikes by the U.S. Federal Reserve and other central banks added to the downward pressure on silver prices.
Despite the downward trend in silver prices today, many analysts remain bullish on the precious metal due to several key factors. First, silver is historically known as a safe-haven asset, which means it tends to perform well during times of economic uncertainty or market volatility. With ongoing geopolitical tensions, trade disputes, and other uncertainties in the global economy, many investors are turning to silver as a hedge against potential risks.
Furthermore, silver is also in high demand for industrial purposes, particularly in the electronics and solar energy industries. As the global economy continues to recover from the impacts of the COVID-19 pandemic, demand for silver is expected to increase, which could drive prices higher in the coming months.
In addition, many experts believe that silver is significantly undervalued compared to gold and other precious metals. With the gold-to-silver ratio at historically high levels, some investors see silver as an attractive investment opportunity with strong potential for price appreciation.
Moreover, technical indicators suggest that silver is on the verge of a major breakout. The metal has been trading in a tight range for several months, but recent price movements indicate that silver may be ready to break out of its current consolidation phase and move higher.
Overall, while the silver price slipped today due to short-term market factors, the underlying fundamentals and technical indicators point to a potential major breakout in the near future. Investors who are looking to diversify their portfolios and capitalize on the potential upside in silver may want to consider adding this precious metal to their investment strategy.
i love those dollar rounds…the currency coins are always my favorite for some reason. the history behind them makes them a lot cooler in my opinion
i noticed the 65 cent jump overnight and then the 65 cent drop overnight again and made an appointment for today lmao…..for me personally it was a sign that silver really wants to jump. i have a feeling its about to start its climb so im making sure i grab more while i can at this price haha. if you buy a kilo bar, thats like 40 bucks youre saving TODAY
when the fed pivots then it will go up ??/
Just read the title of this video and you will see what I am talking about NEAR SILVER BREAKOUT and there are 50 more stackers with similar videos they must all get same articles it’s funny but old
Every silver stacker channel says same thing it’s going on a run gold at all time high silver has to follow just STOP and for the record 25 cents is not a run
Silver is not far away from a major breakout, but you’ll know when it’s coming because gold will breakout first. You can expect at least a 10x for gold. It’s worth having a bit of gold to sell once it breaks out, then take the profit and buy more silver before the silver breakout. There won’t be a huge time difference between the two breakouts so timing will be key. Both metals will do phenomenally well this year.
I believe silver will briefly outperform gold and this is when I’ll be selling silver to buy gold, then watch gold sore to in imaginable heights.
The chances for major profits on silver and gold are high if you can time the market, but simply holding them will make you rich.
I got some more half dollars. In some places they're beginning to sell out again. Bold Precious Metals primarily.
They have to increase rates by a quarter point to deal with general inflation.
You need to stop reading hype stories. Hypersonic missiles have been around since WWII because VIRTUALLY EVERY SINGLE BALLISTIC MISSILE SINCE THE V-1 MISSILE OF NAZI GERMANY REACHES A SPEED THAT EXCEEDS MACH 5 AT SOME POINT. In short, VIRTUALLY ALL BALLISTIC MISSILES ARE INHERENTLY HYPERSONIC. The crucial factor in a hypersonic missile is whether or not it is capable maneuvering AT HYPERSONIC SPEED. It is THIS CAPABILITY ALONE that makes genuine hypersonic missiles truly dangerous. Notice that many Russian Kinzal missiles have been successfully shot down by Patriot SAM systems. That's because the Kinzal cannot maneuver at speed because it is merely a modified ballistic missile that has been fitted to the bottom of a MiG-31 Foxhound interceptor. You're doing your viewers a disservice by reading to them from mainstream media sources that give you no context and for which you are not equipped to provide the context. Regardless of whether Silver is on the verge of a breakout, people need to keep buying, keep preparing themselves for a very difficult future.
Today JPMorgan pullback or is the pullback caused by AIPAC?
if silver goes to 1000 dollars per oz … I bet a pizza will cost 250 dollars
Still closed at $ 25
It's not breaking out at all?
What price does the iShare silver trust on the market have to be to break out? Has it broke out yet?