Yesterday morning, I woke up to a news notification that came through at 1:59am, one of those alerts that feels designed to intrude rather than inform, and it read, with characteristic economy and implied urgency, “Precious metals tumble”. It transpired, shortly afterwards, that silver had fallen by around six dollars on the news that there […]
The recent move in silver has unsettled a lot of people. It has unsettled people not because of the price itself, but because it no longer behaves the way many expected it to. Silver is no longer trading simply as gold’s understudy. Industrial demand has exceeded mine supply for five consecutive years, liquidity has thinned, […]
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