Silver's spot price is below $22.00/troy ounce for the first time in weeks.
According to Monex:
This means that people can get even better bargains for the precious metal. A week or so ago, the spot price was over $24.00/troy ounce. So this is a buyer's market.
Remember the old adage: Buy low, sell high!
It's going to take a major market change to push silver up. I'm thinking a banking crisis or war spreading. The collapse of the Petro-Dollar is there to see.
ReplyDeleteI'm not concerned. It'll go back up again, it always does. But this is a great opportunity to buy. Great deals can be had, just shop around.
ReplyDelete