I forecasted that when lease rates go down, the silver price would go down with it a few months later.
That has come true, but now the lease rates are starting to go back up. So we could be close to a bottom formation. I'm getting my cash ready to buy silver again in a week or two.
The same is happening with gold lease rates.
Chart 1: Silver Lease Rate |
The same is happening with gold lease rates.
Chart 2: Gold Lease Rate |
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