Silver is a precious metal that is the best conductor of electricity known to man. Silver, for thousands of years, was used a currency, even before gold. Currently, there are numerous new uses for silver being found in biotechnology, solar energy and in technology in general.
I know it’s a bold prediction: silver prices are going to surprise investors and provide them with better returns than gold bullion. I say this because both the fundamental and the technical pictures for silver continue to improve.
Demand and Supply
The supply of silver produced continues to dwindle, while demand for the metal is r… Read More
As silver prices started to decline last year, silver mining companies halted projects where costs were too high in relation to the new reality of silver prices.
According to a report produced for the Silver Institute and created by Thomson Reuters GFMS, in 2013, the silver supply fell to 985.1 million ounces, down from 1,005.3 milli… Read More
Yesterday, the Dow Jones Industrial Average fell 317 points, while the NASDAQ Composite Index fell 93 points—respective losses of about two percent per index. This morning, stock market futures are down again.
As a reader of Profit Confidential, this “rout” we are now in should come as no surprise. I have been writing for mont… Read More