Silver Price: New Data Points Suggest Silver Prices Could Explode

Published here: http://www.profitconfidential.com/silver/silver-price-new-data-points-suggest-silver-prices-could-explode/

It’s probably time to stock up on silver, one of the best performing investments so far this year.

Concerns about global economic slowness have prompted risk-averse investors to seek safe haven in the devil metal and its peers, staying away from the highly volatile stock market.

Recent data compiled by Bloomberg shows that holdings in silver-backed exchange-traded products (ETPs) jumped 845.6 metric tons in March, heading for the biggest monthly increase since August 2013. (Source: “.

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