In that strict sense, there is no genuine manipulation in the silver market because there is no law that prohibits charging whatever you want for a silver coin. In fact, the demand for investment in silver is expected to grow exponentially with the increase in industrial and medicinal uses. Whether you transfer an existing retirement account to a silver or gold IRA or buy coins minted to increase your wealth, the possibilities of protecting your investments are endless. Overall, silver has been viewed as a more affordable precious metal to invest in than more expensive gold.
In recent years, the price of silver has increased, but the prices of silver have not increased much compared to other metals. Therefore, it's essential to pay attention to news headlines, as well as the silver price chart, when considering investing in this precious metal. We recommend that you always do your own research and that you consider the latest news about the price of silver, market trends, technical and fundamental analysis and expert opinion before making any investment decision. With a self-directed precious metals IRA, you can easily transfer existing retirement assets from a 401 (k), TSP, IRA, or similar to a gold IRA, allowing you to benefit from investing in silver and gold while retaining the same tax advantages as a conventional IRA.
But if interest rates cannot be raised, the only way to stop the dollar's fall and the flight to precious metals as a monetary reserve is to lower the paper price of silver by short-selling silver futures. That said, silver remains a valuable investment and it's not wise to dismiss Neumeyer's prediction outright. Although Neumeyer believes that it is necessary to break the ties between silver and gold, the reality is that most of the same factors that determine the price of gold also drive silver. Whether silver is the right investment for you depends on your risk tolerance, market prospects, and whether you expect it to rebound or fall further, among other factors.
In the long term, investment in greater exploration and development of silver will be needed to maintain mining production. However, pushing the price of silver lower by selling short futures has another consequence, and that is that it prolongs physical scarcity and forces the decline in the silver market. Silver can be used as a hedge against inflation and can also be a good investment in times of economic uncertainty. This is a graph that shows what the price of silver on paper did after each of these periods of silver backwardness.