Loading ...not sure what that’s about. Tariffs?
Good commentary, maybe maddog has it right, it’s just gold that’s going to really benefit because of a revaluation, and silver only gets a little of that bump because it’s less monetary and more industrial, as Goldie mentions. In which case, for silver it’s going to boil down to supply and how big a problem that really is.
If Trump revalues gold, he’s not going to get much bang for the buck if he just revalues to spot. Seems if he wants to make a dent in the debt, it will need to be multiples of that. Even at 5X he’s only got around $4 trillion.
Whatever though, these shares gotta move at some point – one would think.
All that being said, if whatever is happening in the spot market right now continues, those shares will get creamed. They’ve pulled the rug on silver.