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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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<p>[QUOTE="svessien, post: 4285940, member: 15481"]I have been listening to a lot of bullion discussions on youtube lately. </p><p>Although you have to take them with a pinch of salt, as they either sell bullion as their livelyhood, or have been dug into the same political/economical position for 20 years (yes, the Austrian economics), I hear many different people say that dealers aren’t able to supply the demand of physical silver. </p><p>I expect the silver price to be inflated by the recent US stimulus package, but as it’s also an industrial metal, there may be lower demand due to production seizing many places, and people do not flee to silver the way that they flee to gold. I still buy if I get silver for 18$ an ounce though.[/QUOTE]</p><p><br /></p>
[QUOTE="svessien, post: 4285940, member: 15481"]I have been listening to a lot of bullion discussions on youtube lately. Although you have to take them with a pinch of salt, as they either sell bullion as their livelyhood, or have been dug into the same political/economical position for 20 years (yes, the Austrian economics), I hear many different people say that dealers aren’t able to supply the demand of physical silver. I expect the silver price to be inflated by the recent US stimulus package, but as it’s also an industrial metal, there may be lower demand due to production seizing many places, and people do not flee to silver the way that they flee to gold. I still buy if I get silver for 18$ an ounce though.[/QUOTE]
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Silver dropped to $12 now is back to $15 in only two. Did it impact you?
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