Silver is making history!

Ladies and gentlemen, we have history in the making here. The price of silver has closed the week at almost $48 an ounce, which is in fact a new all time high. Because although it was briefly traded above this price, both in 1980 and 2011, it has never managed to close a week this high. We’ve also just had an all time high quarterly close, when silver ended the last trading day of September at $46.6 an ounce. Closing prices are important, because there are many traders and asset managers across the world who are looking specifically at these numbers. They won’t step into this market until they are fully convinced that silver is breaking out to new all time highs. With each new record, more of them are willing to come off the fence, and join this spectacular rally. We are now within spitting distance of the intra-day all time high of $50 an ounce, and if we manage to cross it, the last doubters will have no choice but to admit their mistake and buy some silver.

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The clip from Ron's basement was taken from this interview: https://youtu.be/f5wpqp4hddI?si=Ul-cptDJiYac4yk8

Music: Rise (Cinematic Inspirational) by MichaelSchullerMusic
https://linktr.ee/michaelschullermusic
https://freemusicarchive.org/music/michael-schuller/cinematic-inspirational-music/rise-cinematic-inspirational/
licensed under an Attribution-NonCommercial 4.0 International License:
https://creativecommons.org/licenses/by-nc/4.0/

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