Silver Prices

Article Index

Why the "Smart Money" Is Bullish on the Price of Silver Ahead of 2019

By , Money Morning -

silver bars

After a rough week for stocks and the Thanksgiving holiday, the price of silver remains one of the best deals around.

Of course, additional discounts may still lie ahead, but silver's inherent value at current prices are difficult to beat - no Cyber Monday promos required.

And the gold to silver ratio has once again popped higher in gold's favor, making silver an even bigger relative bargain.

2018 is starting to draw to a close, but several market researchers continue to see massive potential for silver as we approach and enter the New Year.

Why the Price of Silver Could Rally Following the Midterm Elections

By , Money Morning -

silver

The price of silver struggled in the early part of last week as the dollar gained and stocks retreated.

Silver prices gave back about 2.6% in just two days. That would be a short-term blip, with silver quickly regaining all those losses in the next two days.

October was brutal to stocks, with major indexes losing anywhere from 11% to almost 15%. By contrast, the silver price was down just 2.4%, while silver stocks gave back about 5%.

There's little doubt from the action in both the dollar and precious metals that U.S. midterm elections have some sway on investors, which have sought shelter with these safe havens in the face of political uncertainty.

I think the removal of that uncertainty, to a large extent, will take some air out of the dollar, which could help silver continue to rally.

Here's My Newest Target for the Price of Silver

By , Money Morning -

silver bars

While gold continues to struggle to find a catalyst, the price of silver made a notable move this week.

Although it was admittedly short-lived intraday action, silver prices shot up from $14.50 to touch $14.90 last Tuesday, a four-week high and a huge safe-haven bid as concerns about the euro permeated trading.

While the silver price quickly settled, it has exhibited considerable technical strength since its mid-September low near $14.

Here's a closer look at the price of silver's movement this week and where I see it heading from here...

This Silver Price Prediction Calls for 50% Gains

By , Money Morning -

price of silver

Silver price action this week, though muted, has shown some slight bullishness.

With gold essentially flat, the price of silver has managed to gain nearly 1.5% as it rises from price and sentiment lows.

Now, silver is likely to wait and follow gold's lead as we move into the next FOMC meeting this week.

My take is the dollar could see a bounce from the expected rate hike, then sell off in the following days.

From there, I think we could see essentially the reverse happen, with the dollar selling off and silver and gold beginning to rally.

The Price of Silver Could Jump 40% in the Next 7 Months

By , Money Morning -

price of silver

Yet another lackluster week for the price of silver has left the metal trading in a range near $14.15 per ounce. Volatility is low, and that has kept sentiment in the toilet. It's little wonder.

Whether up or down, traders have few opportunities to make money trading an asset that moves so little. But volatility won't stay low forever. This past year silver volatility was nowhere to be found until June, when silver prices sold off and the action was nearly all downward.

Now silver is at levels close to its late 2015 lows. With the metal so badly oversold, I'd expect the bias to be mainly to the upside once volatility returns. And it will...