The silver market is on the move. In fact, it’s finally moving out ahead of other precious metals and showing some real leadership...
Silver Springboards Higher – What’s Next?https://t.co/qYF8q3vEnL
— Money Metals Exchange LLC (@MoneyMetals) May 21, 2020
Silver Springboards Higher – What’s Next?
After the panic selling of March briefly brought spot silver below $12/oz, prices have since surged by 50%. That’s an impressive move to take place within the span of just two months.
The question for investors now is whether the recent rally in silver is fleeting or sustainable – whether it’s evidence of extreme market volatility that suggests more danger ahead or the first leg of a much larger bull market to come.
In our view, there is good reason to believe that the March 2020 lows will never be violated and that silver is therefore in a structural bull market.
