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Silver Monitoring Thread £ (GBP) only.
in Silver
Posted
my first post! I completely agree with kman. Silver is notoriously volatile and linked to the price of the dollar and the economy. Plus we have a US election in November. Biden is pro reducing co2 emissions and boosting solar panels which helps silver usage. Additionally, silver prices have gone up 50% in recent months so why not a pull back? If equity prices go down margin calls increase and there's a rush to liquidate...my point is there are multiple variables and dont panic if silver us part of a diversified portfolio.