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Strategies & Market Trends : Young and Older Folk Portfolio
SLV 75.39-28.6%Jan 30 4:00 PM EST
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To: ChillyWillie who wrote (25775)1/30/2026 6:21:08 PM
From: cemanuel3 Recommendations

Recommended By
A Dude Abides MN
peterad
TeamTina

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Re: I am convinced that silver will continue higher due to the consumption demand versus mining supply and low physical inventory--not jewelry or collectables, not privately held but industrial silver.

It'll go higher sometime due to tight supplies of physical silver. But it's still trading double where it was in September. Today's trade was the speculators getting out. I do not believe all speculators did. IMO there's a good chance it drops another 30-40% before finding a floor.

FWIW, I'll think about adding more gold when it drops below $4k and silver when it goes below $50. Given that silver has only held above 50 since November I think there's a good chance it'll get there.
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