Last year until the end of Jan we were in the 23.5 to 24 range. Then leading to March the price drove down to 20. However that was primarily due to rising interest rates and dollar strength. I don't think that will repeat.
Interest rates are being held and I just read about the possibility of a rate cut in May.
Rate cuts will lead to a weakening dollar. Also you will see strength in bank and real estate stocks. Any interest rate sensitive stocks will bounce.
Rate cuts and a weakening dollar would/should cause the metals to rise in a natural free market. But the metals are rigged and controlled.
I will always defer to contracts set during the previous year to determine the future price of silver.
That is why they want to hide the settle prices.
Even if they hide the future settle prices, they can't hide the silver price from a year ago. We can still use that.
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