iShares Silver Trust (SLV)

[AlwaysRed]

In 2008 silver was 20 dollars:

https://www.bullionvault.com/silver-price-chart.do

We'll be back there again soon. So in 15 years there has been no appreciation in silver to speak of.
However we are told by the metal salesmen that silver is a hedge for not only inflation but also market disruptions. But they are wrong on all counts aren't they?

March of '20 silver was 12 bucks. The market crashed due to Covid and SLV fell to 12. THAT was a good time to buy as the algos went haywire. So many people were buying SLV that the price of silver crashed to 12 per ounce. The more SLV that there is the less value it has. The more demand there is for SLV the more SLV that is created.

Yes it is good to play the fluctuations. I have been showing how to play the fluctuations. Nothing wrong with that. Keep it up.