Let’s take a look at the latest silver price predictions for 2016 as part of our Three-up and Three-down series. We’ll present three bullish arguments for silver prices and three bearish arguments as well. Then,…
silver price forecast
Silver price forecasters are all over the map in their predictions for 2015. It’s hard to deny there’s something interesting happening in the silver market, though. After falling 20 percent in 2014, silver prices have…
The white metal is up more than 10% YTD, and, interestingly, silver and gold have now broken above their key 50, 100 and 200 day moving averages. Goldcore believes that trend will continue.
Despite recent weakness, gold has been one of the best performing commodities this year. Under normal circumstances, silver would be performing even better. Call 2014 an anomaly then. While gold is up 8 percent for…
Any silver price forecast is dependent upon the expected behavior of the U.S. dollar. If you believe that dollar is on the verge of devaluation, you can probably expect silver prices to climb in response….
It’s the second-worst bear market for silver in history (the first being the bear market from 1980-1982 when the precious metals bubble burst). If you believe we’re in a longer-term uptrend for precious metals, that means we’re likely nearing a bottom in silver prices.
Tepid growth, China and base metals mining are just a few of the factors contributing to bullish arguments for silver prices.
There are just too many headwinds for metals right now. The economy’s improving, inflation is low and the Fed’s talking about tightening monetary prices. While I do believe the government has flooded the economy with too much cash to avoid an extended period of inflation, that inflation isn’t coming in the near-term.
At prices below $20 an ounce, silver is now flirting with 3 month lows. And it may have further to fall. In fact, I wouldn’t be surprised to see it hit new lows for the year and then target lows we haven’t seen since 2010.
Silver prices have taken a beating over the past two years. Will 2014 be the year when they finally break free again?