Friday, July 22, 2016

Silver Prices: This Trade Has 562%+ Possible Upside as Silver Moves Higher

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Declining Production Could Send Silver Prices Soaring
If you are looking for where silver prices are headed next, look at the supply side. It suggests that massive moves to the upside could be ahead.

It can’t be stressed enough: silver production is declining. Major silver-producing regions are reporting declines.

Look at Mexico, for example. It is the biggest silver-producing country in the world. Between January and April of this year, silver production in Mexico amounted to 1.55 million kilograms. In the same period a year ago, silver production was 1.61 million.

The post Silver Prices: This Trade Has 562%+ Possible Upside as Silver Moves Higher appeared first on Profit Confidential.

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