Lots of theories going around about Silver on the internet! Price is way up and a lot of bulls are coming out of the wood work! Silver close at $72.82 USD this past Friday. In my country's currency, the Canadian dollar! It closed just shy of $100 CAD.
Lots of theories going around on how high Silver might go to. More troublesome is the world in a shortage? Most precious metals are getting more expensive! As well as semi-precious metals.
Check out this aluminum futures chart!! This 5-year chart shows the highest we reached back during covid, when the global supply chain put a squeeze on aluminum! Or when building material shot up during covid. Now aluminum is reaching for all time highs.
Image courtesy of Trading view app
Copper is at all time highs, gold as well. But will Silver bring in a fresh round of high inflation in the coming months?
Photos below. Of a few American Eagles I have in my stack!
Time well tell!
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