Despite multiple increases in margin requirements for futures contracts around the world, COMEX Silver is back above $80 per ounce today.
This is a key upside breakout level according to analyses from multiple perspectives.
In comparing the paper Silver market with financial theory around fractional reserve banking, the silver ratio of 356:1 (obligations to deliver versus global stocks of physical silver) FAR SURPASSES the acceptable risk levels of banking according to both academic analysis and real-life experience.
Silver is heavily required (and consumed) for everything from cruise missiles and other high-tech weaponry, to AI data centers, to EV batteries to smartphones to solar panels.
Nations, central banks and manufacturers have started demanding physical delivery and world stockpiles are diminishing rapidly.
On top of these forces is the reset taking place in the world currency & banking regimes, with the dollar in the process of losing its hegemony.
Then there are the drums of war.
I never, never give any investment advice; but, personally, am accumulating silver and gold mining stocks now. Obviously, there is also a strong case for the physical metals as well.
Yep.... and all precious metals are back up as well.