Silver prices continue to be resilient in the midst of stock market volatility. While silver prices are up roughly 13% year-to-date, seriously outpacing the broader markets, it has a lot more room to grow in 2016. That’s because of weak global indicators and the fact that central banks have run out of monetary tricks to support the economy. Then there is the untested tool of negative interest rates.
Investors Paying Attention to Silver
Last year, silver registered its record fourth consecutive loss in a row. While silver has many industrial uses, it is also a hedge.
The post Those Bearish on Silver Prices Now Could Be Kicking Themselves Later appeared first on Profit Confidential.
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