Few markets are as depressed – and, as many analysts argue, suppressed – as silver. Prices for the white metal continue to languish in a low-level trading range amidst lackluster demand.
The upshot for investors is that they can now obtain silver bullion at both a low spot price and a low premium above spot.
How long this buyer’s market will is unknowable last. But given silver’s manic-depressive personality, prices could launch explosively higher at any time.
The silver market now sits enticingly close to a major upside breakout.
The weekly silver chart shows a potential double bottom forming at the September and November low points.
Prices will need to clear the $14.75 - $15.00/oz resistance zone before bu
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