Silver prices have broken above $30 an ounce for the first time since 2013, as the activist shareholder groups behind the recent surge in the GameStop share price turn their attention to what they believe is a mis-sold commodities market. Mass buying by online amateur ...
Tuesday’s price surge reflected "what happened in Europe,” George Gero, managing director at RBC Global Wealth Management and a member of the COMEX board of directors, told FOX Business after European Union leaders agreed on a 1.8 trillion euro ($2.06 trillion) spending package to bolster the...
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Silver's Underlying Strength:Despite lagging behind gold's price surge, silver boasts strong fundamentals with a consistent supply deficit and potential for increased industrial demand, especially from electric vehicles. Record Short Positions:The massive short positions held by banks on both gold and s...
Silver Price Forecast: Back into the Teens? By Christopher Aaron - July 31, 2021 Silver has been stuck within a rangebound consolidation between circa $22 and $30 for the better part of the last year. Unfortunately, we are now observing signs that silver may be set to decline back as ...
Silver Price Forecast: Back into the Teens? By Christopher Aaron - July 31, 2021 Silver has been stuck within a rangebound consolidation between circa $22 and $30 for the better part of the last year. Unfortunately, we are now observing signs that silver may be set to decline ...
Why is Neumeyer calling for a US$100 silver price? There’s a significant distance for silver to go before it reaches the success Neumeyer has boldly predicted. In fact, in order for the precious metal to jump to the US$100 mark, its price would have to increase from its current value...
Current Silver Price: Above $29 per ounce. Gold-to-Silver Ratio: 84, a one-month low. Silver’s recent surge is partly driven by its dual role as a monetary and industrial metal. A significant factor is Samsung's announcement of a new solid-state battery, which includes silver as a ke...
The unusual conditions leading to the explosion in the silver price in the late 1970s are unlikely to happen again in a similar context... "There are two primary reasons for silver's price surge in the 1970s. 1) Silver mining production lagged consumption for nearly two full decades during...
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