Silver Price Forecast: Here’s Why Silver Prices are About to Soar
If you’re looking to get rich in precious metals, this might be the most important message you’ll ever read. Because today, I’m going to show you why silver prices could soon soar through the roof. If you want to get in on this opportunity, then you have to act fast.
Let me explain.
If you take a look at what has been going on in the silver futures market, you’ll see that the grey metal is being oversold.
At the beginning of this year, open interest in silver futures was around 150,000 contracts. Open interest refers to the number of futures contracts that are not closed or delivered. By July 28th, open interest in silver futures increased to around 190,000. That was a 26.7% increase in a less than seven months!
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