Silver Prices

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My Complete Outlook for the Price of Silver in 2020

Over the last 12 months, the price of silver is up a remarkable 16%.

Since its lows of early 2016, the metal has gained an impressive 42% so far.

I think 2020 is setting up to be another positive year for this precious metal.

Here’s a look at the details on silver’s fundamental and technical setup, and what that means for the price of silver in 2020.


Here's Why the Price of Silver Can't Lose on a Trade War

In the face of escalating trade war rhetoric, almost no asset has escaped selling.

The S&P 500 is down 1.5%, crude oil is down about 4%, gold is nearly flat, and the silver price is down 3.9%.

The price of silver has trended downward in the entire last month, but it's definitely not forever - and there are many reasons for this.

Read more here...

Why the Price of Silver Is Still Climbing

The price of silver has been in a holding pattern since late February, but the Fed's recent announcement was enough to push silver from $15.30 to $15.50.

Now, it's looking more like the silver price's correction has run its course and the metal is preparing itself for the next run higher.


This Technical Development Could Drive the Price of Silver Higher from Here

price of silver

The price of silver started consolidating in late January and continued through the past week.

While silver prices dropped a little lower late last week to the $15.55 level, they quickly reversed and have already come close to the recent $16 ceiling.,

And all of this has happened while the U.S. dollar index tacked on as much as 150 basis points.

Despite recent dollar strength, a dovish tone from the Fed may have capped rate hikes this year.

That may limit the dollar's rally and boost the silver price as we move further into 2019.

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This New Catalyst Should Drive the Price of Silver to New Highs in 2019

piece of fine silver

Since peaking just above $16 in late January, the price of silver has moved into consolidation mode. In fact, in last week's update, I told you not to be surprised about any pullback going forward.

So far it's been a pretty mild correction in silver prices, which have dropped from a $16.07 peak to their current level near $15.65. Still, the precious metal is up 12% since November and has held up well despite recent strength in the U.S. dollar.

The price of silver and the dollar tend to move in opposite directions, but there are exceptions. Here's how similar situations have played out before - and what to expect next from silver prices in 2019...

Here's Where the Price of Silver Is Headed Now After Jumping 15% in 3 Months

The price of silver enjoyed a bullish uptick over the past week, so any pullback now should come as no surprise.

In fact, silver prices rallied 5.7% in the last 10 days of January, and a stunning 15.3% from mid-November.

A near-term consolidation in silver prices would not only be expected, it will be healthy as such dramatic gains are digested before the next move.

I fully expect that move to be higher for a number of reasons.


Here's How the Price of Silver Will Move After Today's FOMC Meeting

The latest action in the price of silver has helped confirm the newly emerging bull market.

In early January, silver prices twice tested $15.75 to close above $15.70. The second time they tested that level, they quickly reversed, with silver dropping back to $15.55, then gradually falling even further.

The DXY dropped off considerably last week, as investors turned their interest toward earnings season and began pricing in continued dovishness from the Fed.

That drove a dramatic rebound in silver above $15.70. Here's exactly how the price of silver is moving now...

3 Ways to Profit as the Price of Silver Rallies in 2019

price of silver

After peaking twice just south of $16, the price of silver has started to back off.

The precious metal put in a stellar performance in the two months between early November and early January, climbing from $14 to almost $16.

That was a powerful 14.3% move.

Now, we're starting to see some traders take profits and even rotate back into stocks, which have turned higher in the last three weeks.

With silver prices holding near their 200-day moving average and possible renewed weakness in the U.S. dollar, we could well see this precious metal return to rally mode before long.

And that could propel it to take out a key psychological level in the process. Here's how the price of silver is moving now, plus three different ways to profit from this silver rally in 2019...

It's Official: The Price of Silver Is Back in Bull Mode

These are truly exciting times for precious metals.

The price of silver has been performing exceptionally well, especially since late December.

That's when silver prices embarked on a string of higher closes for seven consecutive days. In the past, moves like this have proven themselves to be a strong signal that further rallies lie ahead.

Remember, trends in motion tend to stay in motion. So this can be significant for the silver price going forward.

3 Reasons Silver Prices Will Soar in 2019

silver prices

2018 was a volatile year for silver.

In the last 12 months, silver prices have swung between a 52-week low of $13.95 to a staggering high of over $17.50.

While silver gains have cooled over the last month, there's plenty of evidence that the precious metal will climb to new heights in 2019.

Read more here...

The Price of Silver Is Rallying, and It's Just the Start

The price of silver has been steady over the past week and is still up tremendously since late December. In fact, silver prices are still up more than 9% from their December low.

At this point, a small pause in silver's rise would not surprise me. The metal typically takes a little time to digest its massive gains.

However, after a brief pause, there are plenty of reasons to believe the price of silver will keep rallying in 2019...