I don't think I've seen so much excitement surrounding silver!
But it's a game stop! It's FAKE!
The trouble with silver is that it is a REAL asset.
It is an industrial metal first. The biggest users of silver are some of the largest corporations in the world.
And, silver is a green metal! Each of the emerging new technologies for a green world- from electronics, to solar photovaltalics, to electric vehicles, to the 5G cellular technilogy- are dependent on silver. Silver is a critical component in each of these industrial users. Why? Among the metals, silver is the best conductor of electricity in the planet and therefore the most efficient.
And when Reddit started to stir the water up, they were messing with real companies- Apple, Tesla, Sony, Toshiba; they were messing with the end-user.
It is manipulated
It is 100% manipulated. They keep the price low just so it doesn't blow the operating cost. The silver market price is unsustainably repressed.
It is coming to an end now because the consumption of real silver is going up, while the stockpile is going down.
It has revived the "manipulation talk". Not that it really went away.
Some of the silver investors feel that there is hope that if there is manipulation taking place, it will finally come to the forefront, and perhaps, end now.
Silver Lining
People should wise up. Get educated.
Feeling sorry for the silver and gold guys??? We appreciate the compassion!
😍#ilikeitalot!😍
Best Regards,
I am not a financial adviser. This article is not meant to be financial advice. My articles on cryptos and precious metals share my personal opinion, experiences, and general information on cryptos and precious metals.
@silversaver888Thank you for stopping by to view this article.
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