Silver Closes Above $56! $100 By Year-End? | Mario Innecco

5 days ago
2.65K

Silver has broken above $56 because global physical demand is overwhelming the paper market. Central banks are now buying silver, which marks a historic shift. Mario Innecco the breakout above the long term $51 technical ceiling signals that silver has entered a new phase of the bull market. He warns that futures markets and exchange traded funds carry major risks and urges people to focus on physical metal and steady accumulation. He believes silver could move in $5 to $10 daily swings and may reach $100 as shortages intensify and retail demand returns.

WEEKLY SPECIALS:
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1 oz Silver U.K. Britannia: $4.50 over spot/oz
1 oz. Gold Austrian Philharmonics: $99 over spot per ounce
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Silver breaks $56
7:10 $100 silver by year-end?
10:56 CME outage
14:00 Stacking silver at $50+
17:57 Silver remonetization?
23:30 Weekly specials
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