Gold 
Silver 
Silver Price Outlook
“If gold prices look worrisome to some investors, silver prices would make investors even more nervous. CPM Group’s view on silver is similar to that of its view on gold. Prices appear to be near their bottoms, with some potential for further weakness still present, but there is a greater upside potential to silver prices from present levels than there seems to be downside risk.
Silver prices were trading around the $50 level at thestart of November. Silver’s ability to hold onto these levels is critical and represents an important test of investor interest in the metal. Given the volatile nature of silver prices, however, it would not be surprising to see silver prices settle below these levels if a broad market selloff occurs. But the fundamentals that support silver are still active, which should prevent silver prices from staying below $50 in any meaningful way..”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
