It´s Personal.

arriba-May-16-2023-07-53-02-7920-PM

It´s Personal.

 

Dear investor.

 

By now most investors are seeing the initial impact of Powell´s interest rate race. 

 

No matter where you look, the economic picture is not good. 

 

It´s amazing how many well-known brand names are closing their doors or laying off thousands of employees. 

 

A new record was reported in regard to personal debt in the U.S...never before had this number surpassed $17 trillion dollars, totally amazing.

 

Regular working folks are having to use credit cards for basic necessities.

 

Keep in mind that the rate hikes have increased payments dramatically for mortgages and car payments, which by the way are experiencing a near record repossession rate. 

 

This will only get worse in the future.

 

Investors, let´s close on silver: the recent pullback is a buyer's market.

 

Hopefully, we will have a chance to grab some product around $23.00 price point. Major support is at the above-mentioned. 

 

Stay-Alert.

Short-term: Headlines are your buying opportunities.

 

Long-term: Fundamentals are your guide.

 

Much success to all.  

 

Depository relations:

London - Singapore - United States

Canada - Australia - China - Switzerland

Brinks - IDS - Loomis - The Perth Mint

info@intlmetals.com

 

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