Silver Investment Case Remains Very Compelling
Are we near a turning point in silver’s relentless decline?Avert your eyes – this is one ugly silver chartGold silver ratio at 75 shows real value of silverMining CEO explains why silver could reach $136.67Buy silver low, sell high
Money Week
The silver price has been in sharp decline for three weeks and silver prices have fallen from $18.61 on April 16 to $16.20/oz today.
However, every cloud has a silver lining and for Dominic Frisby writing in Money Week, silver is the silver lining and the silver investment case remains compelling.
[image]https://www.goldcore.com/ie/wp-content/uploads/sites/19/2017/05/silver-investment-in-2017.jpg[/image]Silver in USD - 12 Months
Many concur with Frisby including the CEO of one of the largest silver mining companies in the world who believes silver could reach as high as the very exact figure of $136.67/oz as pointed out by Sovereign Man.
We agree and believe investors and 'silver stackers' alike will again be well served by dollar, pound and euro cost averaging into a silver investment and accumulating silver coins and bars on this latest artificial, manipulative futures price dip.
News and Commentary
Gold near 7-wk low as safe-haven demand fades after French election (Reuters.com)
LBMA to publish precious metal holdings in London vaults from summer 2017 (Reuters.com)
U.S. Stocks Mixed, Dollar Gains After French Vote (Bloomberg.com)
S&P 500, Nasdaq drift to records, but trading choppy in French election’s wake (MarketWatch.com)
India's April gold imports more than double from year ago (Reuters.com)
[image]https://www.goldcore.com/ie/wp-content/uploads/sites/19/2017/03/Silver-VAT-Free-GoldCore-1024x370.jpg[/image]
Why I Went All In On Silver (Youtube.com)
Macron's "Victory For The World" Sparks $300 Million Panic-Dump In Gold Futures (ZeroHedge.com)
Bogle Warns Of Market "Chaos, Catastrophe" If Passive Investing Wins (ZeroHedge.com)
What Macron’s victory means for markets (MoneyWeek.com)
Brexit Is A Time Bomb...Europe's Not Out Of The Woods With Macron Win - UBS Chairman (FT.com)
Avoid Digital & ETF Gold – Key Gold Storage Must Haves
Gold Prices (LBMA AM)
09 May: USD 1,225.15, GBP 948.51 & EUR 1,124.20 per ounce08 May: USD 1,229.70, GBP 948.71 & EUR 1,123.45 per ounce05 May: USD 1,239.40, GBP 958.06 & EUR 1,130.33 per ounce04 May: USD 1,235.85, GBP 958.15 & EUR 1,131.05 per ounce03 May: USD 1,253.95, GBP 971.18 & EUR 1,148.99 per ounce02 May: USD 1,255.80, GBP 974.25 & EUR 1,150.19 per ounce28 Apr: USD 1,265.55, GBP 978.40 & EUR 1,156.84 per ounce
Silver Prices (LBMA)
09 May: USD 16.22, GBP 12.55 & EUR 14.88 per ounce08 May: USD 16.38, GBP 12.64 & EUR 14.96 per ounce05 May: USD 16.27, GBP 12.58 & EUR 14.85 per ounce04 May: USD 16.50, GBP 12.80 & EUR 15.09 per ounce03 May: USD 16.85, GBP 13.04 & EUR 15.44 per ounce02 May: USD 16.95, GBP 13.12 & EUR 15.53 per ounce28 Apr: USD 17.41, GBP 13.45 & EUR 15.92 per ounce
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