In the next few weeks the banks may engineer another gold and silver smash, but silver prices will rise considerably in 2016 – 2020.
“Aaron’s analysis (along with others) shows that silver prices are in a technical position similar to late 2008. Silver prices climbed from under $9 in 2008 to nearly $50 in the subsequent 2.5 years.”
Retail silver is more difficult than usual to source. As they say, “the cure for low prices is low prices.” A shortage of physical silver shows up in higher premiums above the paper COMEX prices. There is no shortage of paper contracts for silver, which can be created in an instant with digital currencies created from nothing by a compliant central bank. Physical silver and gold are not so easily created and consequently can experience severe shortages. Prices for the real stuff will rise.
