Farmers Believe Silver Serves as a Leading Indicator of Broader Commodity Inflation
Farmers Believe Silver Serves as a Leading Indicator of Broader Commodity Inflation
Silver prices influence agriculture mostly in an indirect way – but that has not stopped farmers from talking about it.
Silver has been the second-best performing commodity, up 426 percent since 2020. Chat forums like Agriville.com had farmers chatting about its performance on a regular basis, as they believe it serves as a leading indicator. However, the so called “safe havens” — silver and gold — fell 19% and 31% in one day (January 30) — so they can no longer be considered safe havens?
The
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