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    Silver Is Crashing Right Now. So Why Am I Buying? | SILVER FORECAST



    Silver Is Crashing Right Now. So Why Am I Buying? | SILVER FORECAST

    Silver has pulled back hard, and for many investors it has been painful watching account values decline.

    In this Silver Forecast update, I discuss why a move into the mid-$50s may not be the end of the silver bull market. While analysts like Michael Oliver previously discussed the potential for much higher silver prices, I believe the thesis may still be intact even if the timing was early.

    I also discuss comments from mining executive and analyst John Lee, who recently suggested silver could trade between $58 and $85 in the near term.

    For me, this pullback is not a reason to panic.

    It is a reason to evaluate opportunities.

    I explain why I am deploying remaining dry powder into physical silver and select mining shares and why I believe we may be near an important bottom in the silver market.

    Topics Covered:
    • Silver support levels
    • Mid-$50s silver scenario
    • Michael Oliver silver outlook
    • John Lee’s $58-$85 silver range
    • Physical silver investing
    • Silver mining stocks
    • Precious metals market outlook
    • Silver bull market thesis

    Silver Forecast

    This video is for educational and entertainment purposes only and is not financial advice.

    10 Comments

    1. @SilverForcast on

      Good catch. Since silver has already traded into the mid-$50s, I’d update the pinned comment to reflect where we are now.

      📌 PINNED COMMENT

      Silver has already fallen into the mid-$50s.

      For many investors, this is exactly the type of pullback they said they wanted to buy.

      But when it actually happens, it’s not easy watching account values decline.

      So here’s my question:

      🥈 Are you buying physical silver here?

      ⛏️ Buying mining stocks?

      💵 Holding cash and waiting for lower prices?

      📉 Or do you think silver has further to fall?

      I’m putting my remaining dry powder to work, but I’d like to hear what other Silver Forecast viewers are doing.

      👇 Let me know below. #SilverForecast #Silver #SilverStacking #PreciousMetals

    8. @vajufa on

      Yes! I'm buying more silver/miners with every paycheck for now. BRICs nations are slowly moving toward partially gold/silver backed Yuan. The amount of trade between just Russia and China with only 10%/15% gold/silver backing will require a significant percent of global yearly output at current prices. It may take up to 5 years but gold and silver are in for a massive repricing. This just one piece of the story for precious metals, there's a half dozen other factors that are positively in play. The current macro environment is just providing cover for the smart money to get positioned cheaply while other people sell in fear.

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