Next Leg of Silver Bull Just Getting Started: Expect a Boom in Silver Demand in 2021

from King World News

As we kickoff the last few trading days of 2020, the next leg of the silver bull is just getting started. Expect a boom in silver demand in 2021.

December 28 (King World News) – Peter Boockvar: According to the Citi Panic/Euphoria index, sentiment cooled a bit week-over-week with it falling from the record high of 1.65 to 1.44. Again, anything above .40 is considered in euphoria land.

[…] We know that a variety of metrics have indicated an ebullient mood and inherent in that is the reflection of a lot of good news being discounted, the vaccine being the most important and now another almost $1 Trillion of government spending. After a stunning market rally in November, this ebullience has resulted in a needed consolidation so far this month. Three weeks ago the SPX closed at 3691 and Thursday it closed at 3703. Digestion.

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