TSI editor’s note: Egon von Greyerz, the Swiss previous metals storage specialist and founder of GoldSwitzerland, indicated on King World News that Silver is awfully close to breaking out to higher levels.
“Silver is about to break through the $18-21 resistance band which has held since 2013. Once through that zone, the $35 level is next on the way to $50+.
The critical point here is not whatever level gold and silver will reach but why we must hold precious metals.
During the 20 years that we have recommended investing in gold and some silver for wealth preservation purposes we have never seen a more compelling time for owning precious metals…”