Tag: Silver Investing
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Silver on the path towards $50 per oz?
This isn’t going to happen tomorrow or next week or next month, but from a technical standpoint, silver is on the path towards $50 per oz. Gold and copper yesterday (May 21st 2024) printed new all time record highs and the uptrend continues to remain intact. Metals are performing: Some are calling this a new…
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![Silver below $20 and Gold below $1800?]()
Silver below $20 and Gold below $1800?
On September 19th 2023, I published an article titled “The moment of truth for silver!“. I really meant it. The price of silver was contained between two major trendlines and technical traders were waiting for the break. What got me worried was the fact that everyone’s favorite white precious metal had retraced hard after briefly…
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![Silver demand hits record highs in all categories]()
Silver demand hits record highs in all categories
With headlines of inflation, market uncertainty, bank troubles, impending recession headlines, and geopolitical risks increasing, one can understand why money is running into hard assets. I have always maintained that gold (and silver because it follows the price action of gold!) will go up when there is a sense of a confidence crisis. When people…
