Marketwatch: “Silver seen playing catchup with gold rally” #silver

TSI editor’s note: When silver has a big move higher, the mainstream media are forced to reason why this long-time monetary metal is increasing in value. This time Marketwatch quotes Peter Spina of GoldSeek as saying, “‘There has been a historically high purchase of physical silver via silver exchange-traded funds in the past few months alone, said Peter Spina, president and chief executive officer at GoldSeek.com. ‘Never in the history of silver have we seen such demand for [the metal] in such a short period of time.'” A number of other bullish factors are discussed like the Gold to Silver Ratio, but of course there is no mention of silver’s role as a monetary substitute for a depreciating paper fiat currency.

Continue reading at: https://www.marketwatch.com/story/why-silver-is-trading-at-a-nearly-4-year-high-2020-07-13?link=MW_latest_news

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