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BYK

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Video Comments posted by BYK

  1. Hi 

    Yes I agree it is a very interesting topic. From what I heard, your argument rests on the interest rate rising and thus the causing the price of silver to fall after its climb. 

    I think it is entirely possible this could happen, although I think because the amount of free money the main governments of the world have given out (USA, UK, Canada, Aussies's, some of europe) to raise interest rates in the short term would be mad as many of these loans would default. Especially as many of these loans are backed and guaranteed by the government.  I can see, interest rates rising in the future maybe after 8-10 years. Once we have established ourselves after this pandemic.

    Although I must admit you do raise a good point, about rising inflation and in that instance, yes you are right we would have rising interest rates, but I suspect if that was to happen, the government will try as much as possible to stop interest rates rising. But ultimately the price of precious metals would fall. 

    I personally think the silver price will rise and set new highs continually for a few more years. I would proceed with caution, but ultimately there is risk in everything. Silver is just another form of investment, look at the housing market, its been pushed up massively by all this free money and leverage people have. The silver and precious metal market is no different. 

    Love your videos and a massive fan. Keep up the great work!

    BYK 

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