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Why silver will never go up?

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While predicting the future movement of silver prices is challenging and subject to various factors from supply and demand dynamics to the rise of alternative investment options, suggesting that silver will "never go up" may be too absolute.

It's essential to consider the following reasons why silver prices might face challenges:

1. Industrial Demand: Silver has significant industrial applications, and a decline in industrial demand due to technological advancements or economic shifts could impact its price.

2. Market Dynamics: Silver prices are influenced by market dynamics, including supply and demand, investor sentiment, and economic conditions. Unforeseen events or changes in these factors can affect silver prices.

3. Investment Alternatives: Investors may opt for alternative assets or investment opportunities, impacting demand for silver.

4. Market Speculation: Speculative trading can contribute to volatility, and if sentiment turns bearish, it may affect silver prices.

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While these challenges exist, it's important to note that investment markets are complex and influenced by multifaceted factors. Investing decisions should be based on thorough analysis, considering both potential risks and opportunities in the market.

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This topic was modified 3 months ago by Chinedu Chikwem
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