Is Silver Heading To The Bottom Of The Tank?

PM are following oil at the moment, no end of the tank bottom it seems.

Same is happening with all comodities at the moment.

Leading World miners are predicting prices for their products will remain low for the next 2 to 3 years.
That includes silver, along with oil, coal, gold, copper, iron ore, aluminium etc..

The Australian economy is suffering just now and will continue that way, until there is a general rise in commodity prices.

Now is the time to increase the size of your silver stash by drip feeding into it over the nest 2 to 3 years.
You won't make any profits in the short term.
999 bars are probably the best form to bet on, with less worry about numismatic premiums.

I was buying silver at $5 per ounce, but that was back in the 1980's. That would equate to a current price of about $12, when taking inflation into account.


Have a look at the 50 year silver price chart, then do a bit more navel gazing.