Sign of how bad the global economy is. And notice there is almost no hype for silver... dealers say it is too valuable to sell at current market prices.
***When the prices go high enough there will be a selloff, just like stocks, and the cycle will begin again***
I don't share your optimistic view. Many major central banks are buying gold by the tonne - except the U.S. 🙁 Also notice all the ads about selling insurance policies, selling personal assets, reverse mortgaging one's home - AND those commercials all repeat the word 'cash' at least 10 times. Personal credit card debt is skyrocketing!
Someone asked me some time back how such inflation could lead to 'deflation' and a depression... this is how. With so much 'cash' available, people can't get enough of it.
🤔 we will see.
Current prices, live charts.
https://www.kitco.com/charts/silver
28.17
https://www.kitco.com/charts/gold
2,358.40