Posts On Silver

Get Your Hands on Silver While You Still Can

While you often hear gold is even more precious than silver, it’s silver that could potentially run dry before gold. If you already own physical gold, wouldn’t it make sense to consider adding silver as well? Some estimates put the total amount of silver already mined at 1.5 million tons. Sounds like a lot of silver right? Wrong… You see, we have lost much of what has previously been mined. A significant portion of that 1.5 million tons of silver was never recycled and likely... Continue Reading

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Gold Shows Strength as Rates Set to Rise

Friday morning saw the release of the highly anticipated non-farm payrolls data for July. According to the U.S. Department of Labor, the country added 215,000 jobs while the unemployment rate held steady at 5.3 percent. The data was in line with expectations, as consensus estimates were looking for a number of 212,000 jobs created. In addition, there were upward revisions to previous data that added another 14,000 jobs over the previous two months. While this may seem like good news for our economy, Wall Street... Continue Reading

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Why Silver Could Rally Over 25% Into Year’s End

While the recent decline in gold prices has been very well covered by seemingly every financial news media outlet in recent months, the decline seen in silver prices has garnered much less attention. Silver, like gold, has been on the defensive as the Federal Reserve prepares to hike interest rates for the first time in years and as stocks and the dollar march higher. Unlike gold, silver has many industrial uses-thousands of them-that put the white metal into a somewhat unique position. Silver has the potential... Continue Reading

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