Silver Extends Losses for a Record Fourth Consecutive Year
Silver suffered another bad year in 2015, with silver prices down more than 12.0%, closing out the year at around $13.80. That represents a record fourth consecutive year of declines and erased all gains since the summer of 2009. What does the future hold for precious metals like silver and gold in 2016?
Investors Abandoning Silver as a Hedge
Silver bulls are not having a good time right now, as conditions that would otherwise help prop up silver prices aren’t doing so.
Precious metals like silver and gold are used.
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