Last few years has been tough on silver bullion investors, but thankfully I only started my investing at 2013 bottom. Silver continues to consolidate, and underperform. I expect momentum on the downside, but I advise long term investors to take it as opportunity to buy. In 2019 - 2020, consolidation ought to be coming to an end and the momentum on the upside should commence in short order. Investing in Silver bullion now, versus indices and certain equities is good investment. That being said, the gold to silver ratio does indicate continued weakness in the silver space so I wouldn't discount continued weakness in the commodity. On the upside, silver versus gold is rapidly approaching lows not seen since I was born in the early to mid 1990s. THIS IS A GENERATIONAL OPPORTUNITY
Price expectations for the year in CAD $18 - $24 (with potential to go as low as $16.50)
Price expectations for the year in USD $14 - 19 (with potential to go as low as $12 - 13)
Price expectations for the year in CAD $18 - $24 (with potential to go as low as $16.50)
Price expectations for the year in USD $14 - 19 (with potential to go as low as $12 - 13)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.