To be clear, I am a believer.
But spoke to senior Morgan Stanley person today, he has interest but says silver has never done well.
Hate to admit, but he’s right. Unless you sold at top 1980 or 2011 and bought low, but the reason it’s been low is why I like it. So, scary, but I am a believer of this time it’s different as:
M2 money supply massive expansion.
China and India are threats to western price dominance.
Supply deficit and rising demand in AI, solar, and electronics/batteries.
Transition to new reserve currency?
So, could see price getting lower e.g 50% fall,but also could see 5x rise to 300 USD
What do you think? This time is different? Not applicable?
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