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Silver Breaks Out!
After 14 long years, silver has finally busted a move. Friday, it cleared and held $39/Oz in the futures pits. But it wasn’t the only commodity star today, with oil up 2.5%, and other metals such as palladium spiking 7.5% and Dr. Copper adding to the Trump tariff gains and closing at $5.62/lb. As a long-time holder of silver and a more general advocate of holding hard assets, let me put this as plainly as I can…you need to be in hard assets. The Trump administration, besides injecting chaos and uncertainty with their trade and tariffs negotiations, has also thrown in the towel on spending restraint. The Big ... (full story)