The price of silver has been on a tear, but that has halted – temporarily.
To find out what's next for silver, we are looking at some indicators that give clues to where the white metal is headed.
And what these signs show us is silver-price strength ahead...
Silver prices have not been as solid as they were earlier this year, but they'll get there. We know the metal is always volatile.
It's easy to get lost in the short-term move and think this metal will never show real gains.
But here's a silver price outlook that will show the real story with this metal...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
From the start of the year until today, the price of silver is up 12%.
There's one major reason silver will keep going higher.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
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...
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...
The price of silver today is up for the year, but flat for the immediate trading session.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
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 today bring the year-to-date gain to 13.4%. Spot silver is around $15 an ounce, nearing the important $16 level…
So can silver prices in 2016 continue this rise? Take a look at what we see ahead for silver...
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.
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt - • Print | Email
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.
