The fundamentals of silver look great. Silver is a monetary metal and basically the entire western world is on the verge of bankruptcy and currency collapse. Industrial uses in silver are also growing rapidly. Over the past few decades, central banks have dumped their silver onto the world, driving down the price of silver and therefore giving less of an incentive to mine silver. Furthermore, silver mining cannot be rapidly increased because 70% of silver is mined as a byproduct of mining other metals.
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How long before silver hits $50?
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