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Silver's Big Moment? Wall Street Has Heard That Before

Persona #3 · Vol: 2000
Silver's Big Moment? Wall Street Has Heard That Before Somewhere right now, a man in a golf shirt is telling you that silver is about to break out, and that the window is closing. He is probably selling silver. That's not an accusation so much as a business model. Silver has always been the asset that attracts true believers, and true believers are the most reliable customers on earth. They buy on the way up because the thesis is working. They buy on the way down because it's on sale. Either way, somebody collects the premium. This is not a story about whether silver is a legitimate asset. It is. It's been money for thousands of years, it's in every solar panel and electric vehicle and smartphone, and it sits alongside gold in the vaults of central banks that won't admit they care. The story is about the gap between the pitch and the plumbing. **The pitch is simple

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