iShares Silver Trust (SLV)

[Extreme4Reality]

99.999% Chance Heading to $14 (2010 Low)

Silver dipped to $14 in 2010 when the general market dipped on economic weakness.

Silver crashed to $8 in the 2008 recession

We're almost certainly heading down to retest $14, then lower depending on the depth of the coming recession.

Moderate recession = $10 - $12 silver

Severe recession = $6 - $9 silver

Extremely HARSH recession = $3 - $5 silver


We produce ALL the silver we need as a nearly free byproduct of other mining.

Hecla produces silver (that we don't even need) for $2.70 per ounce (and dropping with falling oil prices).

Silver prices could drop to $3 and we'd still be swimming in excess silver in a recession.