Could Silver Prices Hit $30.00? It’s Possible
Silver prices are down for the year, but investors must think long-term. The gray precious metal looks undervalued; don’t be surprised if silver prices see a massive move to the upside.
If you look at the chart of silver prices below, you will see nothing but pessimism. The precious metal prices trade below their 50- and 200-day moving averages (MAs). This suggests both long-term and short-term trends are pointing to the downside..
First published here: http://www.profitconfidential.com/silver/silver-prices-could-surge-109-if-this-happens/