If You Own SILVER, You Have Just Days To Prepare For This Price SHOCK - Peter Schiff

Описание: In this video, Peter Schiff is a well-known investor and gold & silver advocate. In simple words, he’s saying that gold has strong support around the $5,000 level meaning every time it has dropped below that recently, it has quickly gone back up again. That tells him gold is not falling apart but building a base before going higher, just like it did around $3,000 and $4,000 before. Since it was recently above $5,500, being down near $5,000 now means gold has only retraced about 10% from its highs, which he thinks isn’t a big risk if you want to buy now and hold for the long term.
For silver, he notes that its price moves more quickly and can swing by large amounts in a short time (for example, $10 moves in 10 minutes). That means silver is more volatile than gold.
But he believes silver has support around the low $70s, so if you buy it around $77, you might only risk a small drop — about 10% downside while still capturing future gains. He also thinks that as prices rise, the buy-sell spreads on silver coins and bars
the difference between what dealers buy and sell at could widen, so getting in sooner might be better than later.
Credit:
https://www.youtube.com/live/IGSBDcTA... @Schiffgold


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