London Bullion Market Association’s conference participants expect gold prices to increase by 10% over the next 12 months, with silver expected to gain over 40%
Gary Savage explains how market sentiment translates into trending moves on the chart. He says silver has reached the ballistic phase of an intermediate rally, and retail traders will start piling in.
Hernandez, Vice President of Exploration: "The consistency of high-grade results we are seeing at Aguilar is exactly what we hoped for and expected. Aguilar's continuous mineralization reinforces our confidence in the quality of the Santa Ana project."
When it comes to barter, people are likely to naturally revert to gold and silver as a monetary asset. This is how silver will be restored to being generally accepted as money.
Optimists are touting that silver could eventually see new all-time highs over $50. We are in agreement, but first, we need to break above $33. We await.
While some investors feel silver has underperformed compared to gold during this bull market, Mike points out that silver’s growth in percentage terms has mirrored gold’s rise.
