Monday, November 30, 2015

Are Silver Prices About to Hit $50?

Published here: http://www.profitconfidential.com/silver/are-silver-prices-about-to-hit-50/

Silver prices may be down, but the precious metal shouldn’t be shunned by investors. Silver could be presenting a great opportunity for long-term investors.

I follow one rule of investing; when not a lot of things make sense, go back to the basic economics of supply and demand. This has never failed me. Looking at silver in this perspective tells me the precious metal could be setting up for a massive price jump.
Silver Demand Remains Extreme at Mints Around the World
So far this year, the U.S. Mint (up until November 19) sold over 42.9 million ounces of silver in.

The post Are Silver Prices About to Hit $50? appeared first on Profit Confidential.

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