Dollar Melt-up Causing Lower Silver Prices | Cowboy Metals Livestream

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We’ve got some news you can use. Apparently, this dollar melt-up is helping to put downward pressure on silver prices.

The dollar is strong compared with other currencies due to it being the reserve currency. We see that silver priced in other currencies is doing very well.

Silver is suppressed in dollar terms because prices determined in western markets use the dollar as the default currency.

Meaning, we get silver cheaper than everyone else. But it also keeps prices low until we have truly international markets with competing currencies that allow true price discovery and will reward currencies that are well managed.

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