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Higher Silver Price in 2016 Supported by These Numbers

By , Resource Specialist, Money Morning -

silver

There are encouraging signs for the silver price in 2016...

Positive silver price action coupled with supportive news on the fundamental side are pointing to a possible end to the silver bear. Still, we'll need to see some key technical price targets met before we can declare an outright return to a full-fledged silver bull.

To figure out what might lie ahead, let's look at recent action and market news for silver prices...

Gold/Silver Ratio Just Another Sign Prices Are Too Low

By , Associate Editor, Money Morning • @JimBach22 -

gold price chart

The gold/silver ratio is another indication that silver is grossly underpriced.

By 2014 average prices, the gold/silver ratio was 66-to-1. That number has only climbed in 2015. As of yesterday's closing spot gold price and spot silver price, the ratio was about 72-to-1. It's not just that the gold-silver ratio is five times its historical average that indicates that it's underpriced. It's also that its scarcity in relation to gold doesn't justify such a high ratio.

Here's what that says about the price of silver today...

Silver Prices This Year Fell 20% – Here's Why

By , Associate Editor, Money Morning • @JimBach22 -

silver prices this year

Silver prices this year fell 20%, making 2014 the second straight year of declines for the white metal.

After closing 2013 at $19.565 an ounce, the spot silver price bounced between $18.50 and $22 for most of the year. Then it crashed through key support levels in September. Silver prices then began a descent to four-year lows.

Here's exactly why silver prices finished 2014 at $15.685, and a look at where they're headed in 2015...

Why Silver Is Going Down, and When to Expect a Price Reversal

By , Associate Editor, Money Morning • @JimBach22 -

why silver is going down

Silver prices are having a tough session, and traders who saw August as a month to rebound from a bearish July are wondering why silver is going down.

With many investments down close to 5% on the month, and the white metal trading below its level at the start of the year, it's easy to get discouraged.

Here's why prices are falling, and why we're still bullish...

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