In recent years silver has grown to be regarded as the poor man’s gold. However we suspect silver will shake off this unfortunate shackle and give gold a “run for its money” as the old idiom goes.
There are key fundamental differences between gold and his poor cousin silver. Demand for gold is almost entirely from those holding for financial safety and protection of purchasing power and likewise from fabrication that preserves it. Gold is rarely if at all consumed. A base metal is the opposite, it is consumed. Like iron for example.
Here silver is unique, industry will consume it, and others will buy for financial gain and protection.
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