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Uh-Oh, Silver!
Uh-Oh, Silver!
Authored by Adam Sharp via DailyReckoning.com,
One year ago, silver was trading at around $36 per ounce.
Today the price is around $60. Normally, that’d be considered a win.
But over those 12 months, we silver bugs have been on a wild ride.
Simply incredible price action. From $36 to $119 in about 8 months. And now back down to $66.
I believe the silver bull market still has years to run. Maybe even another decade.
Today, let’s explore why.
+$16 Since 1980?
Silver first reached $50 way back in 1980.
Of course, silver’s miraculous 1971-1980...
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