About one or two years ago, I repeatedly said in our Facebook group of more than 26,000 members that silver could rise very quickly and sharply because, in my view, its fundamentals were undeniable. At the time, most people had stopped believing. After years of trading between $20 and $30, they were frustrated and convinced that nothing would happen.
Then the rally came, and within a few months, sentiment completely reversed. Suddenly, almost everyone believed silver was headed much higher.
Today, after the sharp decline in price, history is repeating itself. Many people are once again frustrated and starting to doubt silver’s long-term potential.
And me? I’m saying exactly the same thing I said back then. I believe silver’s biggest price move is still ahead of us. The current correction may delay it by a few months, but nothing has changed about the fundamentals. Only the price on the screen has.
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