Tuesday, June 14, 2016

Silver Prices: 1 “Magic” Number Says Silver Could Spike to $50.00

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This Is Why You Should Be Bullish on Silver Prices
Silver prices continue to show resilience, but don’t think returns are stretched. In the long term, silver prices could soar even higher. I wouldn’t rule out $50.00-an-ounce silver just yet.

I cannot stress this enough: one of the biggest factors you should pay attention to when looking at silver prices is demand. If you see the data on silver demand, it looks like there’s a silver rush in play.

Consider the sales of silver at the U.S. Mint, for example. In the first five months of 2016, the mint sold more than.

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