Baishan Weiye official website information-Don’t panic if the price of silver drops.

Yellen's speech last Friday caused the closing price of silver to hit its lowest level since March, at US$/ounce.
Yellen’s speech did not reduce market expectations that the Federal Reserve will raise interest rates next month. Some market participants believe that higher interest rate expectations are a negative factor for silver prices. Yet the reality is that the price of silver rises when interest rates rise. In the years from , U.S. interest rates rose from , while silver prices rose from U.S. dollars per ounce to U.S. dollars per ounce.
When real interest rates are positive, the price of silver is easily suppressed, but our situation is still far from this situation. The pressure on silver prices occurs at the end of a tightening cycle, not at the beginning.
Until now, ignoring the voice of the all-powerful Federal Reserve and the market noise that rising interest rates will be negative for silver has been the best option. Because judging from the past, these voices have been proven wrong. In addition, the Federal Reserve will raise interest rates by 1 basis point, which has been digested by the market last week
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