Retail Investors To Flood Market & Cause Massive Shortage | Don Durrett
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While gold has broken to all-time highs and silver has broken above significant resistance, the retail investor has largely stayed out of the move. But if gold keeps running and silver trades to $35 and above, retail investors will pile into silver, says Don Durrett (https://www.goldstockdata.com). As retailers are wiped out of product, Durrett expects 1000oz bars will be bought up and disappear. If silver keeps rising to $50 and above, the government could name silver as a "strategic metal," forcing liquidation of ETFs. For this reason, silver above $50 becomes quite risky, he says.
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