If you have ever wondered why is physical silver tick, these seven catalysts are it.
It has been a crazy 12 months for shares, but it’s been nothing short of an excellent 12 months for real silver and gold investors.
Silver started the season at $1,060.80 an ounce, also it ended up being mired in a multi-year downtrend that had heard of lustrous yellow steel drop about $850 an ounce from its all-time high. Pessimism abounded throughout the silver industry as miners had been apparently prone to be composing down assets and cutting capital expenses than developing or expanding their mines.
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Nevertheless, things reversed really at the beginning of 2016. Physical silver had its most readily useful gain that is quarterly three decades throughout the very very first quarter, and year-to-date, also featuring its present swoon, real silver is greater by approximately $200 an ounce. Read More