Could Silver "Do A Palladium"?

The losers are learning the old winner's tactics and bringing new tools to bear.

Don't try to win by holding "faux silver" positions like the ETF SLV.

Don't buy silver from trading houses that charge you for an empty vault while they write derivatives and lease out what they do have.

Instead…

  • Attack their flanks and underbelly by purchasing .999 fine physical silver.
  • Add what you can on a regular basis - what happened a few weekends ago was just a preview.

This will keep the pressure on the paper pushers as the ongoing effect of declining silver production through lower grade and a dearth of big discoveries takes silver stores into their fifth consecutive year of decline... just like what happened to palladium.

News broke this week that BlackRock, the world's largest asset manager, sold a third of its GLD shares in late 2020 and put a big chunk of the proceeds into the silver ETF, SLV.

It sure looks like the dominoes holding up the old way of doing things are starting to fall. If even BlackRock is now "going for the silver" shouldn't you?

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Disclaimer: Money Metals Exchange and its staff do not act as personal investment advisors. Nor do we advise about or advocate the purchase or sale of any regulated security, listed on any ...

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