This technical analyst thinks that this is a bearish drop that could end with silver selling for $5. There are great differences in what the estimates of what it costs to mine stocks, However, whether it is $9 or $20, these are above $5. So, I disagree with this technical analyst and believe that we are near the bottom. Producers will not be able to make money much below this price and will cut production or go out of business. My recommendation is to short ZSL.
What To Do With Silver So Cheap
Analyst's Disclosure: The author is long SLV.
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