This coming week is shaping up to be a Pivotal week for Silver, there’s a very good chance we’ll be seeing Silver at $85 - $90 an ounce, possibly higher.
$100 an ounce Silver is VERY close. It’s also going to be a very dangerous week for Traders, Banks, and possibly those who hold “paper” silver contracts, ETF’s, etc. But if you hold physical Silver, relax and enjoy the show, this all won’t affect us. Well, let me rephrase, it will affect us but in the best possible way as the chaos this coming week will send Silver prices skyrocketing even further.
NOTE: If you currently hold physical Silver, it’s important that you stay relaxed and calm next week, as there’s going to be a lot of turmoil in the market. But that turmoil affects the Futures and Paper Silver markets, not those who hold physical Silver. Due to the coming chaos that the traders and banks will be facing, they’ll be making desperate moves to do whatever they can to stay solvent. There’s a good possibility that some of their moves might temporarily cause Silver to briefly drop $5 - $10 an ounce. If/when you see that, don’t panic, just smile, because the price will shoot right back up, probably in the same day.
Since the market is currently closed for the weekend, take advantage of the downtime and learn more about what all’s going on and causing all the chaos. We usually don’t know how all this stuff works in the background so I posted several videos to help everyone get up to speed. These videos should provide clarification and should be able to answer any questions you may have. They’ve answered a lot of questions for me, lol.
https://www.youtube.com/watch?v=Ok5CQefoRg0
https://www.youtube.com/watch?v=itADQfSlulA
https://www.youtube.com/watch?v=6b5suA_yI-0
https://www.youtube.com/watch?v=yPvxzKapeOU