by David Kranzler
Investment Research Dynamics
Chris Marcus wanted my opinion about whether or not a silver “smash” was coming: “I would never want to be as dogmatic as saying ‘never’ because anything can happen with a banking [and financial markets] system as corrupt as the one in the U.S.”
But silver is historically cheap as an asset in relation to the universe of dollar-based financial assets and relative to the dollar-value of gold. Until the global monetary system is reset, gold and silver going much higher price in ALL fiat currencies. As silver moves higher, there will be even more aggressive attempts to control its rise and this will entail higher volatility – both up and down but mostly up.
Chris (Arcadia Economics) and I examine this topic in our latest podcast and I draw from 20 years of experience in the precious metals sector including a 4-year span in the early 2000’s when I traded silver futures almost around the clock: