Community post
Down but not out
Hi friends,
Silver may have dropped 10% recently - I would say we are down but not out:

Plenty of good reasons to own silver here, both as an economic hedge and for commercial demand. Silver has been on quite the run, perhaps this is also just a chance to have a sideways trading range while we gather momentum for the next leg up. Either way, $50 per ounce silver in 2025 has been an epic run :)
Thanks for coming by,
Brian
Replies (3)
You received an upvote of 100% from Precious the Silver Mermaid!
Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem! https://images.hive.blog/DQmT7RQqkpjXrjR43HZgPkPghGxUYDHPu7A68diYnmgbB64/round_gem.png
Even though silver dropped by 10%, it still seems like a strong investment. I agree that it could bounce back and maybe reach $50 per ounce by 2025.
Great analysis. The benefits of investing in silver and its future outlook are really clear.