SILVER – Should Investors Lower Expectations?
By Dudley Pierce Baker CommonStockWarrants JuniorMiningNews While investors have watched the price of gold performing very well and recently trading over $1600, silver has lagged and lagged badly. This begs the question, are we overrating or expecting too much from silver and our silver miners? Quite the contrary……… Two other analysts that I follow are saying to be patient and that silver will be catching up soon, really soon. Below I give my opinion on how to invest in silver, if these analysts are correct that higher prices are coming. Chris Vermeulen at TheTechnicalTraders.com sees the possibility of silver trading upwards of $90 – $95 per ounce within the next 24 months. A move of that potential is surely worth waiting for, is it not? In this recent article by Chris, SILVER TRADERS BIG TREND ANALYSIS – PART II “…Remember, the current disparity level is just over 200% between Gold and Silver. If Gold continues to rally higher and Silver attempts to break higher, attempting to narrow the disparity level, then Silver will (at some point) enter a near parabolic upside price move above $36 to $40. Our researchers believe this may happen before June or July 2020….” Clive Maund – January 13, 2020 writing on Silver-Phoenix500.com: Silver Market Update “…Silver’s recent rally looks diminutive and stunted compared to gold’s, but that’s normal at this early stage of a new bull market, when silver typically underperforms gold due to investors being risk inverse, with silver being perceived as more risky … Continue reading →
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