In a recent episode of Palisades Gold Radio, host Tom welcomed back Steve St. Angelo from the SRSrocco Report to delve into the dynamics of the gold and silver markets amidst unprecedented price surges. Steve brought forth compelling arguments regarding the implications of record-high prices for silver, the ongoing evolution of demand patterns, and the broader economic factors influencing precious metals. Steve posited that the current high prices for silver could signify a new baseline, particularly as historical trends indicate that prices often revert to production costs after spikes. With the average cost of primary silver production hovering around $26…
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