YIKES! Silver Price Down $8 But Will it Go Lower in 2023?
In this video I talk about silver price and how silver price is down $8 over the last 7 months. Silver and gold prices are both down due to a stronger US Dollar, and on top of that we are in a recession. I talk about how the price of silver will be affected in the future. I also talk about why the US Dollar appears so strong. The USDX is measured against 6 other currencies and the main one is the Euro. I believe that we have not hit the bottom yet for silver and that it will continue to go down. I talk about why the silver price is down and what it will take to move silver back up. I also talk about where I think the price of silver is going in the coming years. If you are silver stacking or investing in silver then you need to look at the long term. Silver and gold are an inflation hedge and I am still stacking them hard today! Silver price 2022 can change quite a bit from where it is now. This silver price drop can be seen as a buying opportunity for silver stackers to pick up more silver coins and silver bars at a discount.
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#silver #silverprice #silverstacking
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