It has been a rough couple of weeks for Silver. The Price Action has been very bearish and the selling by the large Commercial Banks has been relentless. In the past 12 days the price has been sold down from $26 to briefly under $22. Many Silver enthusiasts are scratching their head as to why …
Wednesday Feb 23rd is a day that we may look back at and see some significant technical changes on the Daily Silver chart. Today was an Options Expiration day on the COMEX, and many traders were looking for the $24.00 level to be defended by the Shorts (Bullion Banks). With the close price of $24.528, …
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart’>Source This interesting chart from MacroTrends shows the 100 year inflation adjusted price of Silver. They are using the current CPI adjustment. Interesting to note that the Jan 18, 1980 high of $49.45 (Hunt Brother’s High) would be the equivalent of $128.74 in 2022 using the current CPI calculation. If we were to use the …
