I was WRONG about Silver
Channel: Yankee Stacking
Date: 2020-11-30

I was wrong about silver.  November has been quite the month for silver and gold stackers.  Silver was slaughtered over the past few weeks.  My silver spot price prediction failed miserably.  Yeah.  I made my $30 in 30 Day prediction for Silver at the end of October, and though the initial rise in November looked like it would continue, I was wrong.  Goes to show you again that Yankee does NOT have a crystal ball.  But why has silver and gold spot price plummeted--when I thought just the opposite was going to happen?  I my opinion there was a 1-2 punch that occurred in November, followed up by a haymaker that clobbered precious metals. The first punch was the vaccine announcement, the second punch was the announcement about a new US Treasury secretary, and the haymaker was the election results. 

I stack silver and gold to hedge against our debt-fueled, fiat currency-based economy that I am convinced is in deep trouble.  Consider stacking silver and gold yourself to help you build and preserve wealth.  And thank you for watching Yankee Stacking!

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