Looking at the world financial market, silver is likely to usher in a long-term upward trend, with at least a decade of bull market, under the circumstances of long-term depreciation of the US dollar and many uncertainties in European and American debts. There is no doubt that the price of silver will rise in the future.
To move towards silver, we must first pay attention to the trend of the US dollar. Since 197 1, the dollar has been depreciating for nearly 40 years, showing an accelerated depreciation state, and the debt crisis in Europe and the United States has never been achieved or cannot be achieved overnight.
On the one hand, two rounds of quantitative easing policy in the United States stimulated economic growth, on the other hand, debt also increased significantly. The growth rate of American debt is eight times that of GDP. When the national debt reaches a certain level, currency depreciation is inevitable.
In addition, consumption in the United States continues to be sluggish, and the people who drove consumption in the last round have entered an aging era, while the new generation has not yet become the main consumer. During this period, it is difficult for the dollar to maintain its appreciation trend. The purchasing power of the US dollar has declined, and Jinboyin rebate network reminds investors to choose long-term investment varieties. For some performance trends of silver, its development prospect seems to be no less than that of gold.
The main driving force for the rise of silver price comes from the imbalance between supply and demand. After more than 30 years of inflation, industrial consumption is increasing, and the stock of silver is declining, which is the basic element of the price increase of silver. In addition, the growth of new energy and industrial economy has become a potential flashpoint for the rise of silver prices. The trend of silver price in recent 1-2 years is similar to that of other commodities. During the financial crisis, it was once depressed, but the price of silver gradually picked up.
The silver market is undergoing structural adjustment. The mining output of silver is still inelastic to the price, and the amount of recovered silver is undoubtedly still large, but what we see is the entry of more end consumers in a wider range, who will directly consume a large amount of silver without recycling. For a long time to come, the price of silver will remain at a high price. In the next ten years, the predicted return rate of silver is 10 times.
Investment products such as paper and silver are cyclical, and so are stocks. There is no guarantee when they will enter the bull market again, so there is definitely room for a sharp rise in paper and silver in the future.