Higher silver prices ahead
“We think that silver prices have seen the low and we expect higher prices from now. For a start, we expect the US dollar to weaken and US Treasury yields to decline in our forecast horizon. Silver prices tend to rally when the US dollar and US Treasury yields are lower. Moreover, we expect a recovery in the Chinese yuan and also a recovery in the Indian rupee. This will brighten the demand outlook for silver prices.”
USAGOLD note: The 85-1 ratio to gold adds to silver’s appeal at this point in time. Silver tends to rise faster than gold in up markets and fall faster than gold in down markets. The American silver eagle (pictured above) is a high-volume alternative popular with U.S. investors. You can purchase this item either at our Online Order Desk or by phone at 1-800-869-5115 x100.