Sunday
If you’re holding Australian dollars, then it’s time to buy silver. The shortage that is being talked about is real.
Here’s the kicker, a shortage in the market, any market, is normally resolved by increases in production. That is difficult with silver as a lot of its production is as a by-product of the mining of commodities such as lead, tin and zinc.
Those mines are not going to raise their production just to get a bit more of the silver by-product.
I am not an investment advisor, and with good reason. I’ve been spot on with the overall trends for 22 years, but generally wrong about the ‘when’.
Having said that, I’m heading out tomorrow to buy silver.