SGT Report RSS feed SGT Report Videos on Youtube SGT Report on facebook

Categories






Silver: Another Decade Of 500% Returns Is Possible

from Seeking Alpha:

Silver prices have corrected meaningfully after peaking out at near USD50 levels. A correction of over 20% is generally considered bearish and can weaken investors’ interest in the metal. If investors consider the long-term picture, silver has given returns of 584% in the last ten years.

This article discusses the reasons for believing that silver can produce another decade of over 500% returns. In line with this expectation, investors can consider fresh exposure to the precious metal on every weakness.

Before discussing the industry specific factors which are bullish for silver, I would focus on the current macro-economic scenario and its impact on the precious metal. The global economy (especially the developed markets) is in a phase of prolonged sluggish economic growth. GDP growth has been volatile since 2007, and recession seems very likely for the U.S. without government support. Further, the eurozone is already in a recession. This scenario necessitates continued expansionary monetary policies by Central bankers globally, and is positive for hard assets like gold and silver.

Read More @ SeekingAlpha.com

6 comments to Silver: Another Decade Of 500% Returns Is Possible

Leave a Reply

  

  

  


× 2 = twelve

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>