Is Silver Lifting Off?
Sentiment has been horrible recently in the previous metals. But since silver went under $14 we’ve seen a nice little pop. Is this a fake out or are we into something?
Source: https://money.cnn.com/data/markets/
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"Silver is a chemical element with symbol Ag (from the Latin argentum, derived from the Proto-Indo-European h₂erǵ: "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining." Source: https://en.wikipedia.org/wiki/Silver
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I have a script to track those prices (just for fun) and yeah that seems to be the case, silver is preparing to increase in value.
Nice, thanks for sharing!
Sure no problem, and yeah I'm hoping for silver to be my safety net for what I call cold way of storing value or the real money :)