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Silver Update: Investment, Not Industrial Demand Will Be Main Future Driver

Published 09/21/2020, 12:57 AM
Updated 07/09/2023, 06:31 AM

In my newest update, I explain that the silver price trend for the next quarter will depend on what happens over the next 7-10 days. If the U.S. Government comes out with a new stimulus plan, then we are going to see higher silver and gold prices. However, if there isn’t a new bill put forth, we could see a short-term correction in the precious metals and broader markets.

I see physical silver investment demand surpassing industrial demand in the future, pushing the silver price up to very high levels.

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