by Dr. Jeffrey Lewis, Silver-coin-investor:
The recent price drop in silver was severe, but not exactly like silver’s Black Thursday in 1980. It was different this time, but some aspects of the decline seemed the same.
This time, a different demand character prevailed. Also, the overall level of market awareness and underlying sentiment was stronger.
Awareness of the persistent value of precious metals is growing, though mainstream sentiment is chronically low and therefore true investment interest still seems a galaxy away.
What has Changed?
All government stock piles of silver have been drawn down and this is directly related to the silver users’ once powerful lobby.
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