Time to buy Silver?

Time to buy Silver?
Analysis
Ahura Chalki
Author:
Ahura Chalki
Published on: 06.08.2021 17:30 (UTC)
Post reading time: 1.47 min
209

Time to buy Silver?

The future world and Recovery pate! 


Many things are happening in the financial world while recovering from the crisis caused by the pandemic. Let's review different economic cycles:

  1. Expansion (increase in production and prices, low-interest rates)
  2. Crisis (stock exchanges crash and multiple bankruptcies of firms occur)
  3. Recession (drops in prices and output, high-interest rates)
  4. Recovery (stocks recover because of the fall in prices and incomes)

We are now in the fourth cycle, Recovery. These cycles can divide into different parts as well. Beginning of Recovery always happening with empty warehouses and labor shortage, and in following stages when more factories starting to work, we have to wait for increasing the prices, resetting the central bank policies and then, with new economic outlooks and financial settings, we have to check the new market opportunities. 

After the latest crises, we found some new opportunities, and one of them is getting more severe with Mr. Biden's unique infrastructure and green energies plan. 


2021 will likely make the structural shift in the commodities market and uses, driven by two main factors; Chinese and American quick post-pandemic economic Recovery and the global movement toward new and green energies. 

The Electric Vehicle revolution is now officially started as President Biden signed an executive order this week. According to this order, up to 50% of all new vehicles sold in 2030 will be powered by zero-emission fuel sources. This executive order is part of Mr. Biden's $1 trillion Green Energy and Infrastructure spending plan.

Silver is a key component in President Biden's infrastructure plan, one of the leading used Metals in Electrical Vehicles.


Currently, Silver prices are trading at $24.30 an ounce, which presents an incredible opportunity for investors to start investing before it takes off.


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