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Strategies & Market Trends : Ride the Tiger with CD

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To: koan who wrote (311199)9/4/2025 2:41:21 PM
From: LoneClone  Read Replies (1) of 312594
 
We will have to agree to disagree about silver.

I did want to clarify one thing. When I say industrial demand is the main driver of the silver price, I mean that even when industry is not the major consumer of silver, it still drives the price more than investment or safe haven demand. Given that only thing keeping the US economy out of recession is the massive increase of government spending, it won't be long before the tariffs push it over into recession, and many other countries are expected to be in the same situation before long, which does not bode well for industrial demand for silver. Note also that the current US administration is doing everything it can to stop the use of solar and wind energy, which will put a further crimp in demand, enough to offset the increase in alternative energy in countries not governed by a demented idiot.

I still expect the silver price to breach $50 in the coming months, but also expect it to drop quickly afterwards the way it has after past price tops.

LC
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