UGL - The 10-Year Treasury Note Is The Canary In The Silver Mine

• More people are beginning to see how the rise in the 10-year note and an increase in interest rates may affect the economy longer term.
• Most of the economy is highly leveraged, so any rise in interest rates is a major cause of concern.
• The key to the short squeeze in silver is that as the economy opens up again, demand will increase for silver for industrial uses, which will further strain supplies.
• Silver also is in demand as a safe haven asset and as an alternative to the US dollar and other fiat currencies.

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