Be a ‘Silver HODler’
The comments below are an edited and abridged synopsis of an article by Peter Krauth
Silver is an odd metal. The crowd loves to hate on it for decades, simply because they don’t really understand it. But when sentiment flips, it becomes a rock star.
Silver may have entered its rock-star period, and it’s about to generate a string of hits. They won’t be back-to-back, but they will be regular, with each subsequent one outdoing the previous.
Krauth is talking about an eventual new all-time nominal high, followed by still more records.
That probably feels pretty far off right now, but it’s likely to arrive sooner than most expect. When it happens, many will say it’s unsustainable. They’ll say silver will crash any day. And that’s okay… for them.
Like Bitcoiners, those who really understand will become the new silver HODlers, and they will profit the most. If the recent silver rout has you worried, then a little perspective should help put your mind at ease.
After all, silver’s in a long-term bull market. And those never go straight up. The great thing is, this one is still young.
Up for discussion: Silver in the rearview mirror; and stimulus, more stimulus and even more stimulus.