Today’s silver headlines were rather thin in terms of actual news. We all know that silver has fallen this week, as anyone can see by looking at a chart of the ETF SLV. And, most people know that 15 USD per ounce of silver is an important price – and silver has been sitting just on top of that price for several days.
But did you know that 14.10 is the SLV equivalent to $15 in physical silver? Well, now you do. And we’re there again this morning, yawn.
So let’s brighten up the day by letting a silver bull refresh us on the reasons why silver is a good buy now. This is a fairly sound overview discussion, one you’ll need to understand as we head into the springtime market. Your Gold Enthusiast is happy to just watch the silver market at the moment, waiting to see if it regains its strength or continues to weaken – meaning it may well be too early to tell.
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