Silver Prices – The Next Five Years
Snippet:
Silver prices move higher as population adjusted national debt increases. (Dollar devaluation drives all prices higher.)Silver prices move higher and lower with crude oil, another commodity. Silver prices move opposite to the S&P 500 Index. (Investor preference for commodities versus paper assets.) The model weighs and combines these macroeconomic variables to produce a “calculated silver price.” Call it a “fair value” price.
Source:
The Deviant InvestorBreaking News: COMEX paper gold contracts closed on Friday, July 26, at $1,
Friday, August 2nd
First published here: Silver Prices – The Next Five Years