Silver

This article illustrates that corrections in gold & silver are normal and present opportunities to add more ounces at a better price and now is such a time. Your future self will thank you.

Today’s infographic comes to us from New Pacific Metals and it takes a look at the bull markets in silver prices and the future of silver.

Crafting such a bold title could become hazardous to my reputation since I am a conservative person. However, before you dust off the straight-jacket and have me committed, please take a few moments and consider the possibility.

If you own physical gold or silver as your failsafe store of wealth it is prudent to “look under the cover” so that you know, not assume, that it is indeed genuine gold or silver. [Up until now there has not been an easy and inexpensive way to detect counterfeits but a revolutionary new personal precious metal verifier has come on the market that can do just that.]

Gold and silver generally move in sync with each other and tend to move in the same direction. The relationship is such that there’s even an indicator that measures it – the gold/silver ratio. Many investors use the ratio to spot extremes in the pricing of either precious metal, and to spot trends, whether up or down. The ratio currently sits at approx. 80:1 and suggests that silver has some catching up to do.

The 70s pattern for silver is very similar to the pattern that currently exists. Therefore, I do not think it is wishful thinking that silver will reach the target of $675 as a minimum. Now, you have an opportunity to go back in time to 1978, without a “time-machine,” and make a similar but bigger gain.

Wealth preservation and insurance against imploding assets and all the risks around the world means owning gold. Gold is the ultimate protection against this Great Financial Catastrophe. It is not just a must to hold physical gold. It is how and where it is held that is absolutely critical.

If you’re a speculator in precious metals, now may be a good time to consider trading in some gold for silver. Here's why.

The consequences of the total economic mismanagement by world governments and central banks for the last hundred years will eventually result in my forecast of $10,000 gold and $500 silver being fulfilled.

Silver is having an underwhelming year again, this time alongside gold, and many investors are now wondering whether buying silver bullion is the right choice. Here's a look at the pros and cons.