Silver Prices Could Surge 109% If This Happens

Published here: http://www.profitconfidential.com/silver/silver-prices-could-surge-109-if-this-happens/

Could Silver Prices Hit $30.00? It’s Possible
Silver prices are down for the year, but investors must think long-term. The gray precious metal looks undervalued; don’t be surprised if silver prices see a massive move to the upside.

If you look at the chart of silver prices below, you will see nothing but pessimism. The precious metal prices trade below their 50- and 200-day moving averages (MAs).  This suggests both long-term and short-term trends are pointing to the downside..

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