Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

Silver Prices

Article Index

The Biggest Reason the Price of Silver Will Keep Climbing in 2016

price of silver

The price of silver has climbed 12% in 2016, and we found one major reason why silver prices will continue to rise in 2016.

But before we get to silver's biggest upcoming catalyst, here's what has pushed silver prices higher this year...

Silver Prices Today Showing This Bullish Pattern Shift

Silver prices

Thanks to very bullish action in gold, silver prices have been able to gather the same kind of momentum over the past week.

But over the past three months, gold prices have outpaced silver prices by an astonishing 12%, leaving some to wonder about silver's viability in this renewed precious metals bull.

In order to address that very question, we'll look at the relationship between these two precious metals to determine what just might be in store for the price of silver over the coming months and even years.

Is Silver a Good Investment in 2016?

silver-coins

Is silver a good investment in 2016?

Last month's silver price volatility has investors worried the metal will remain risky and unpredictable throughout the year.

But there's a $940 million trend that will push silver prices higher this year...

Silver Spot Price Up Today on These Factors

Silver spot price

The silver spot price today is up $0.19 to $14.86. This is great to see after the past week as silver gave up a little ground.

With stocks and oil bouncing from their recent retreat, and the U.S. dollar doing so as well, they've weighed on silver. Still, silver is ahead about 8.5% year to date, nearly a 13% outperformance of the S&P 500, which has lost just over 4%.

Let's look at how the silver price has behaved over the past week and what drivers lie ahead...

These Are the Biggest Factors Moving the Price of Silver Today and This Week

price of silver today

The price of silver today is up for the year, but flat for the immediate trading session.

There are a handful of signals showing where silver prices will go in both the near and long term. Check them out here, along with all the important data that will move the silver price now...  

Why the Silver Spot Price Will Keep Climbing in 2016

Silver spot price

The silver spot price is flat today (Friday), but all indications suggest the silver price will keep climbing in 2016.

In fact, there is one major reason why we remain bullish on the silver spot price this year.

First, here's what's moving silver prices today...

Silver Prices Will Keep Climbing in 2016 Thanks to One Huge Trend

2 11 16 silver prices

Silver prices are up more than 2% this morning as volatility in U.S. markets urges investors to buy safe-haven metals.

And there's another factor that will keep pushing prices higher for the foreseeable future.

But first, here's a breakdown of today's movement in silver prices...

Why the Silver Price Is Climbing 2% Today

silver prices

The silver price is up more than 2% in early trading today (Monday) to $15.33, continuing a 2016 rally for the precious metal.

The silver price is now up nearly 10% since the end of January.

Silver prices were aided in the past week by a surprise move from the Bank of Japan, which instituted negative interest rates. Statements about dollar strength by the New York Fed's president last week also boosted the silver price.

All of this has combined to make for one of the strongest weeks in quite a while for silver prices. Let's look more closely at how it got there and what other factors are driving it...

Price of Silver to Move Higher in 2016 on These Factors

silver price

The price of silver is up today. Now silver's up on the year - faring better than broader markets.

Silver prices have been especially strong lately.

Here's why silver prices in 2016 will do well...

Silver Prices Today Are Climbing – Will the Rally Continue?

Silver

Silver prices today are up. Silver's been performing well compared to overall markets this year.

It has not been as strong as gold, though. But there are signs that silver has support going forward...

Here are the biggest factors moving silver prices now...

The Generational Investments to Stay Safe in This Market

Prisoner shackle with word "debt" on the iron ball, concept of escaping debt and dependency on credit. Isolated on white background.

Stocks actually rose last week, although you'd be hard-pressed to find an investor or hedge fund manager who is feeling good about things right now.

But the Dow Jones Industrial Average did in fact gain 105 points or 0.7% to close at 16,093.53 while the S&P 500 rose by 1.4% or 27 points to 1906.90. The Nasdaq Composite Index, home of the FANGS, added 2.3% to close at 4591.18. But as the title of the novel goes, it's "been down so long it looks like up to me."

All three markets are still down sharply on the year and many hedge funds are nursing double digit losses just three weeks into the year.

My Silver Price Outlook for the Super Crash

1-21-16-SMI-1

I’ve written before about how gold can help protect you from the coming Super Crash, but I haven’t written so much about silver.

The main reason for that is that silver really is “poor man’s gold.” The major difference is that gold is a currency while silver remains a metal.

Silver prices are also more volatile, more dependent on the state of the industrial economy (which isn’t very good), and very beaten down right now.

That said, when the markets finally recover, silver will bounce back. And these long play plays will help you partake in those gains…

Silver Price History Chart: Where the Current Crash Ranks

silver price history

Silver prices on the New York Commodity Exchange have fallen 72.6% from a peak of $51.38 in April 2011.

That makes the current slump one of the worst crashes in silver price history.

This silver price history chart tracks the metal's movement from 1976 to present...

Why We're Bullish on the Price of Silver Despite Today's Dip

silver price

Despite the dip over the last several days, we're still bullish on the price of silver in 2016.

Spot silver prices slipped $0.04, or 0.25%, to $13.82 in morning trading Tuesday because of a stronger U.S. dollar and stabilization in Chinese markets.

While silver prices are down today, this is an excellent time for investors to add silver to their portfolios...