Many precious metals investors are wondering if the silver price will continue to rally over the next several months. Well, that depends on what happens to the silver price over the next two weeks.
In my newest video update, Will The Silver Rally Continue In August, I discuss what I think will happen to the silver price by the end of the month.
Of course, this is only my opinion, but from watching Day Trading trends and the underlying positive fundamentals, I believe the silver rally will continue:
Towards the end of the video, I provide my analysis as to where I see silver closing by the end of August. Furthermore, I discuss the positive change in the newest Silver COT Report, shown below:
With the silver price trending higher as the Commercial Net Short positions decline, it suggests a very positive signal for a continued rally in the coming months ahead.
I wanted to remind followers that the SRSrocco Report will be transitioning to a Subscription Service by Friday, August 21st.
About the author
Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy.
Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.
You can find many of Steve’s articles on noteworthy sites, such as GoldSeek-SilverSeek.com
WEBSITE: https://srsroccoreport.com/