Fresnillo Share Price (FRES)

Silver was the key form of money in the development of the global trading system in the early modern period.

I still think it is a form of money, as well as an industrial metal, but gold is the key form of money in terms of PMs.

It should catch up with the gold price ratio over time; silver based miners would be a very leveraged play that's for sure.

The markets are rigged, that's why PMs need to be traded. Silver fell between 1980-84 due to the pump and dump

London bashing PMs down.. let's see what happens to pms when wall street opens.

Silver price dropped from peak of $28 to $26

It is up as of now at $26.73.

With FED holding rates, I don't know if the silver price is going up again?

Silver has not been an effective inflation hedge since the 1970s. From 1980 to 1984, annual inflation averaged 6.5%, but silver prices fell by nearly 23%. There was average annual inflation of around 4.6% from 1988 to 1991, but average annual silver prices fell 12.7%.

Since April 2021, the monthly U.S. consumer price index reading has averaged an annual gain of nearly 7%, but the price of silver is down 25%.

Over extremely long periods of time, measured in decades, silver has proven to be an effective hedge against inflation. In shorter time periods, silver may not be the best way to protect your portfolio from price rises.

https://www.forbes.com/advisor/investing/silver-price/