Dis-investment is another issue. Since hitting 61, short contract positions the week of Dec. The silver is widely dispersed across the globe and frequently in such a form, such as jewelry or religious artifacts, that it will likely never see the market again.
Panelists polled by FocusEconomics see prices increasing inbut not by a lot. They appear to be complacent. I find this unlikely but the media likes it.
When we include those factors, it becomes safe to conclude that at current prices silver is the most-undervalued of all commodities in the world, today, and arguably the most-undervalued commodity in modern economic history. Prices are currently at the low end of the expanding channel.
A massive bull market will still unfold regardless of these shorts not having to be physically covered. Note the log scale. This excess demand or "silver deficit" is being met by already existing above ground inventories that are rapidly being expended.
You may find the link at: Let's look at another common silver misconception before wrapping up this article: Some reports say it will peak this year, some say next year, a couple say it already has. Let us project forward to what these numbers and this survey do NOT tell us, a category 3 if you will.
Usually, when the right questions are asked, the answer will be forthcoming. But with stocks hitting astronomical valuations — the Shiller PE ratio is now higher than it was before the stock market crash — investors are wise to look toward safe-haven assets like silver.
One might also ask when confidence in fiat currencies and paper assets will deteriorate or plummet and when the world will return to the sanity of gold backed money and constrained government spending.
Both markets are heavily influenced by central bank manipulations and often one increases as the other decreases, but the sum increases along with debt. Are silver prices going up this year. I, Amanda Kay, hold no direct investment interest in any company mentioned in this article.
When Donald Trump won the US presidential election in latemany believed safe-haven demand for precious metals would spur higher silver and gold prices.
Silver will blow up on the manipulators, sooner or later, likely sooner. However, last year there were three rate hikes, and gold prices rose instead of falling, while silver was relatively flat.
Population adjusted national debt increases exponentially. Global central banks have been buying gold at an accelerated pace for the past 10 years. These are frequently large systems, yet no capital for initial or expanded drilling is available. So we want to make the point to readers that they should not get upset if they read a bearish scenario in our articles.
It also must be remembered that there are other sources of silver available other than mining; specifically scrap or recycling, as well as currently held monetary or investment silver.
These "Recoverable Reserves" are often categorized as "economic reserves", meaning that they have been satisfactorily drill proven and they can be profitably mined near current going prices of silver.
I have absolutely no doubt that mining is fully capable of ramping up silver supply, given sufficient time, to ration down and meet silver demand. What Analysis Supports These Conclusions. Are Silver Prices Going Up in.
But even as investors know silver prices are rising inthere are some common questions silver investors often ask about the precious metal… FAQ No. The higher prices cause hoarding and overproduction as humans extrapolate the current trend far into the future.
These mines are absolutely scarce and hard to find, especially at today's POS. This above ground silver supply used to meet the ongoing deficit is largely being uneconomically dumped onto the market, meaning it is either changing hands or being expended for less than the average cost of silver production.
Get My Free Report 1. They have literally managed these assets until they are nearly gone, from their coffers at least. That was when the U. On the one hand we see silver-friendly market forces in Geological Survey, "Mineral Commodity Summaries ".
Nate Silver explains the methodology behind our midterms forecast.
Read more The third-party candidates listed represent our best approximation of who. I recently published an article projecting possible prices for gold in the year based on the S&P Index and the ever increasing population adjusted US national debt. I assumed three scenarios and three different gold projections.
Time will tell regarding gold prices, but what is nearly certain is that national debt will exponentially increase. Carmelo Anthony lends his name to our player projection system, otherwise known as the Career-Arc Regression Model Estimator with Local Optimization. Nate Silver is the founder and editor in.
Gold, Silver Predictions by Michael Kosares – Gold Seek With such a solid end toit prompts the question what we might expect of gold in The.
After a promising start to the year, precious metals have been having something of a torrid time, mostly courtesy of what appears to be a much stronger U.S. dollar. Metals prices are mostly quoted.
We’ve heard many a price projection from precious metals analysts, but none so optimistic as that ofÂ Jeff Nielson. Mr. Nielson argues that silver’s supply/demand fundamentals, coupled with novel innovations in the technology and health care sectors, will lead to explosive price growth beyond.Silver projections