Is 2021 the Year Silver and Gold Prices Skyrocket?
Have you been following the news lately? The world is changing… and it seems that there is going to be a “new normal”. This is certainly going to affect precious metals. Some experts even believe that silver prices could double this year!
If spot price on silver is going to go from where it is now to around $50 an ounce, then buying silver today would be a great idea. However, other experts think precious metal prices aren’t going to change much at all and might even drop in value compared to the dollar. In that case, waiting and buying after the price goes down would be better, right?
We don’t have a crystal ball that predicts the future of precious metals prices. However, we can look at various indicators available to us. There seem to be 3 major components to what might happen to prices this year.
The first component that will affect prices is the value of the dollar. The second is industrial demand for precious metals. And the third involves manipulation of the precious metals markets. I've got some answers for you to explore with me - Join me on a zoom |
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To Your Success, Paul Hanson 805-905-3533
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