Why Silver's Latest Dip May Be a Correction, Not a Trend

In this appearance on the Flyover Conservatives Show, Dr. Kirk Elliott looks at silver's recent dip to a psychologically important level and the rebound that followed, and explains why he views the pullback as a correction within a longer-term bull market rather than a new trend. He compares the size of the decline to silver's 2008 correction and explains how a double bottom and the early shape of a cup-and-handle pattern can form the base of a market's next move. He discusses London Metal Exchange talk of tokenizing precious metals, why he believes broader access through tokenization could add demand, and why, after a reported exchange hack, he prefers owning the physical metal over a token, ETF, or mining share that carries counterparty risk. He also covers how the upcoming election could bring short-term market swings, survey data showing 41% of Americans expect their finances to worsen over the next year, roughly $1.9 trillion in corporate bonds due for refinancing over the next five years, rising odds of a rate hike, and China's continued buying of gold and other strategic metals. He encourages clients to stay the course, frames physical gold and silver as assets investors may want to consider for the long term, and invites viewers to schedule a consultation with the KEPM team.