Silver enters acceleration phase
Repost from 4-26-2021
“Last time the five-year breakeven inflation rate was this high was in 2011 and silver was trading around $48/oz., almost double the current price. With precious metals seen as an efficient hedge against inflation, higher inflation expectations should provide upside for silver.” – Heraeus Precious Metals
USAGOLD note: Krauth interprets the stats in the Silver Institute’s World Silver Survey posted here yesterday, cites the increased premiums on silver bullion coins, and quotes various analysts on silver’s upside potential. We can vouch for supplies being tight and premiums continuing to rise. Volumes at USAGOLD are running consistently on the high side.