Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Silver

New Silver Price Prediction for After the FOMC Meeting

By Cameron Saucier, Associate Editor, Money Morning • December 12, 2016

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

silver pricesAfter the FOMC meeting on Dec. 13-14, our new silver price prediction shows the price of silver rising substantially.

In fact, Money Morning Resource Specialist Peter Krauth believes that silver prices could rise to the mid-$20 level within six to nine months.

We'll look more closely at Krauth's 2017 silver price prediction in just a moment. But first, let's look at what to expect at the FOMC meeting this week...

What to Expect During the Upcoming FOMC Meeting

Investors widely project the U.S. Federal Reserve will raise interest rates this week. According to the CME Group's FedWatch Tool, there's a 97% chance of a rate hike on Wednesday.

Now, the rate hike would be small -- just 0.25%. And that would bring the fed funds rate up to between 50 and 75 basis points. If the Fed chooses to raise interest rates now, its moves will closely mirror the timing and size of its last interest rate hike, which also occurred in December and was just 0.25%.

Don't Miss: This gold anomaly could create windfalls of $13 billion. And you can get in on the action. Here's how...

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.

The Essential Guide to Buying Gold & Silver

In our report, you'll find…

  • TheĀ fourĀ best types of physical gold and silver to own
  • TheĀ fiveĀ best silver and gold exchange-traded funds (ETFs) to invest in right now, two of which have surged a combinedĀ 69%Ā this year
  • TheĀ fourĀ most reputable metals dealers to purchase gold and silver from

Get ourĀ Money MorningĀ guide to gold and silver investingĀ right here, free of charge.

When the Fed raises interest rates, it makes the dollar look more appealing. And since the dollar directly competes with silver, this can put some downward pressure on silver prices in the short term. Higher interest rates also boost the attractiveness of other non-commodity investments, like certificates of deposit and savings accounts. That's because after a rate hike, investors can generally earn a higher rate of return with these investments.

That being said, silver will always retain its safe-haven appeal. And that's something unique to the precious metal.

So whether interest rates are going up or down, it's always a smart idea to own silver in case we enter another bear market or recession.

And the FOMC meeting, while a short-term headwind for silver prices, will not hold back the precious metal in 2017.

In fact, we see the price of silver rising double digits early into the new year because of a key economic indicator.

And that's just the beginning...

Our Silver Price Prediction for After the FOMC Meeting

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 6, 2023 • By Garrett Baldwin

Postcards: These Four Stocks Are Showing Real Momentum

June 6, 2023 • By Alex Kagin

Apple’s New Headset Drops, Crypto Melts Down, and Another Economic Indicator Bites the Dust

June 5, 2023 • By Nick Black

This Tech Stock is Poised for Pick and Shovel Profits from the AI Revolution Ā 
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz