For now silver looks to stay around 17 by the end of the year, long term support looks promising. Plenty of time to get in before the next bump UP ;) Headlines to watch for bull; Federal Reserve headlines, china buying oil from saudis and market bubbles
What is it exactly do we look for in the above mentioned topics?
silverrider1776
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@IJB2013, Depending on who gets picked for the fed it could affect the markets, if its a strong pick it may keep silver low longer, unpopular pick might drive silver up... sounds like saudis want to start trading more Oil for Chinese Yuan possibly and if that happens then silver could go up, also with the stock markets constant record breaking yet the gold/silver market is holding, just wait till the markets slow down and correct you will see silver rise sharply and quickly. It may only rise up to 20 come spring but i imagine we will see a new normal for silver closer to $30 when the markets get put in their proper place and the money printing effects wear off, then from there who knows, maybe 40-50 could be the new normal in a few years.. all just my ideas though :)