SILVER EATS DOUBT FOR BREAKFAST
Korbinian Koller, 07 May 2021
Gaining certainty about a clear picture of the future is getting more complex by the minute. Data arrives of never-seen occurrences that make it seemingly impossible to know how everything will pan out. President Biden demands higher taxation of the rich and a minimum wage of US$15. News about Silver market manipulation introduces fear into this market sector. Janet Yellen spoke of inflation. Many are talking about a possible hyperinflation. Others however are pointing towards the “Japanization” of America. On top, a recent New York Times headline reads: “Reaching herd immunity is unlikely in the U.S.”. All this noise is creating more confusion and pressure instead of clarity. The good news is: You do not need to know how the future unfolds to preserve your wealth. And Silver eats doubt for breakfast.
Silver prices will continue to rise. Why are we so sure about this? Unlike most who try to gain clarity about how the future might look like, we instead eliminate all scenarios where Silver prices wouldn’t be rising. Even if you are not a specialist in trading fundamentals, by now, it intuitively feels just wrong that central banks put this much freshly printed currency into circulation. Historically, precious metals are the most common safe haven in times of trouble and doubt. This will be no different this time around.
