What is Happening With Silver?!!

Discussion in 'Bullion Investing' started by fretboard, Jun 27, 2020.

  1. TheFinn

    TheFinn Well-Known Member

    PMs are insurance. You won't get rich off of holding them. But they will help bail you out. That is why the prices dropped in March - people had to raise cash to pay the margin calls on their stocks, and silver and gold were the most liquid assets they had. Everyone selling dropped the price.
    Wait until everyone starts selling off their stocks - retirement, job loss, etc. Who will be there to buy them? People with cash (Au & Ag).
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