Silver Up 100% Since Bottoming Out in April
Posted by Brian Ford on July 28, 2020
Silver has been on an absolute tear since bottoming out at $12 in April. In fact, it’s up over 100% since then.
Fears of rampant inflation and an explosion of government debt are the primary drivers of silver’s meteoric rise as both the US and European Union have spent over 9 trillion trying to combat the effects of the coronavirus.