My Latest Thoughts on Stocks, Metals, and Currencies
Investors are ignoring the elevated levels of inflation, and increased risk of pretty much every other risk factor that a more conservative investor might find worrisome.
Last week was another wild week in the markets. In my last write-up, I reconfirmed my forecast that silver and gold were on their way to new multi-year highs, and the markets complied beautifully.
Silver exploded higher by another 11.5%, closing the week around $31.49. This is silver’s highest close in over a decade, and it should still have further to run. Although it will continue higher, we need to be prepared for some periodic, fierce corrections.