https://www.youtube.com/live/swGelMpQakg?si=8M9HInTH9mhicSf3
Video Credit- Smart Silver Stackers, YouTube
The sport price of silver has been on a downward trajectory, with a move of almost -4% in the past month. As economic instability increases, why is silver falling in price?
Risk assets including Bitcoin, which crested above $50k for the first time since 2021 and the S&P 500 which set a record above $5,000 are both indicators of inflation. Investors are going "risk off" and FOMO is high. Investors believe that if economic issues befall the world, a stimulus package and rate cute will infuse the economy with cash. This cash will find it's way into risk assets.
As long as investors make the assumption that it's open season for cheap cash and interest rates will fall this year, silver and gold will face pressure. As the market rises, precious metals fall.
Now is a great time to stack silver and buy silver miner stocks like AG and GOLD.
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