silver is coiled for a move either way, of course I have a bias
Silver is waiting for the next catalyst. much debate is happening on wether we are facing inflation or risk of deflation next. its hard to say in the short term, as seen in the current directionless trend of silver.
Over the long run, money printing sill be needed to stimulate the economy and dilute the us debt.
In the short run, a decline in asset prices from profit taking or inflation fears can shrink metals demand.
The bull market case would be if Electric Vehicle spike higher and pull up industrial metal demand, which is unlikely given the expected higher rates and declines in auto loan applications.
Over the long run, money printing sill be needed to stimulate the economy and dilute the us debt.
In the short run, a decline in asset prices from profit taking or inflation fears can shrink metals demand.
The bull market case would be if Electric Vehicle spike higher and pull up industrial metal demand, which is unlikely given the expected higher rates and declines in auto loan applications.
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