Silver Outlook: Here’s Why Silver Prices Have 110% Upside in 2016
Making an accurate silver price forecast is never easy. So to understand where silver prices are going next, let’s go back to where silver has been and why it was there.
As the Great Recession hit the U.S. economy in 2008, the U.S. Federal Reserve adopted extraordinary measures—printing money to buy assets. The scale and length of the quantitative easing program was never seen before. After the Fed spent trillions of dollars to buy assets, the U.S. ended up with a bloated asset market: both the stock market and the bond market soared to all-time highs.
The return in the stock market has been astronomical; since March 2009, the S&P 500 has climbed more than 200%! High returns in these markets made precious metals a lot less attractive in the eyes of investors. During the bull market run in stocks, precious metals prices plunged dramatically.
Continue Reading>> Silver Outlook: Here’s Why Silver Prices Have 110% Upside in 2016
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