silver trends

Probably a lot of people look at the longer-term chart of silver and the first thing they see is the massive bull market that peaked in 2011, rising over 400% off the 2008 bottom and almost 10x off the early 2000’s bottom.  It’s tempting when you see something like that to dream… “what if?” . . . .

SHARPS PIXLEY FORECASTS 2017 . . . .

Precious metal investors who have ridden the gold bull rally might want to switch some exposure to silver judging by an indicative valuation metric . . . .

With both stocks and US Treasury prices at all time highs the market is sensing that something has to give . . . .

The post-Brexit surge continues unabated . . . .

Hedge funds expanded their bullish bets on silver to an all-time high even as this year’s hottest metals rally began to fade . . . .

The silver market saw record demand in 2015, with the jewelry, coin and bar, and photovoltaic sectors posting new highs, helping to boost total silver demand to 1.17 billion ounces last year . . . .

Silver jewelry sales in the United States were  solid in 2015 with 60% of jewelry retailers reporting increased sales, according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS).  This marked the seventh consecutive year of growth for silver jewelry sales and confirmed that silver jewelry is an increasingly important category for many retailers . . . .

World mine production of silver poised to decline this year. 

Silver hasn’t been so cheap relative to gold for more than seven years and with mine supplies forecast to contract this year that may be a sign it’s ready to come out of the yellow metal’s shadow...