Silver prices have soared roughly 27% since the start of 2016 on fears of a U.S. recession and weak global economic indicators. While most on Wall Street say fears of a recession are wildly overblown, the current price appreciation says investors are not so sure. And they are for good reason. A raft of negative economic data continues to roll in suggesting silver prices will continue to climb in 2016.
Silver Prices Could Soar in 2016
Silver is up around 27% year-to-date, near $18.00 an ounce. Trading at a 16-month high, many believe silver will run out of steam and simply.
The post 3 Factors That Could Propel Silver Prices 270% appeared first on Profit Confidential.
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