What will silver be worth if the economy collapses?

If, and [indeed] when the U.S economy goes into recession commodity prices will fall to levels we would have previously found unimaginable. This could be $20/bbl oil and $7/ozt silver… The original article, by Kelsey Williams has been edited ([ ]) and abridged (…) above for the sake of clarity and brevity to ensure a fast and easy read.

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Is silver still a good investment if the US dollar collapses

However, if the US dollar collapses, silver will remain a great investment due to its industrial needs and lack of liquidity. According to important data, investing in silver would pay off well in volatile times, even under pressure.

What happens to silver and gold in an economic collapse

In the event of a good economic crisis, silver and gold could potentially help you keep some of your business in non-printable assets. The old adage about depression is that gamblers lose every important choice they make.

What will happen to the price of silver this year

On the other hand, based on assumptions by Wallet Investor, one of silver’s net forecasting services, the metal’s price is expected to remain stable and end at $18.26 an ounce this year. Going forward, silver is expected to experience minor fluctuations and remain below this $20 an ounce level until 2025.

Should you buy silver during an economic recession

It also gives additional demand for money during the economic crisis. Also, if fiat currency ever devalues, there will always be a gold-silver platter for transactions. And right now, investors are wondering if they can buy silver as they expect a severe economic downturn. Here’s What Forex Traders Worry About

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Will silver ever be worth $100 an ounce

If the cost of living continues to rise above 20 double digits, perhaps $100 an ounce of silver. Consider that we saw an average inflation rate of 5% until 2021, which was the highest rate since 2008.

Will silver ever be worth anything

The fastest and most convenient way for silver to hit $100 an ounce is when inflation hits double digits in 20 years. In 2021, the annual inflation rate is typically around 5%. This is the highest inflation rate since 2008.

Will silver ever reach 1000 an ounce

While silver’s valuation may react sharply to changes in the economy, silver is unlikely to hit $1,000 an ounce.


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What will silver be worth if the economy collapses

If the exact dollar collapses, silver prices are likely to rise, but that says nothing about the real value. Whatever happens to the US dollar or any other fiat currency, it will retain its purchasing power.

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