Silver Price Forecast: Silver Approaches 13-Year High, No Sign of a Top

Posted on Posted in Articles

The silver price is just a few percentage points away from a 13-year high, with the current spot silver hovering at $32.60 as this article goes to press. Silver prices have not been this high since 2012 – if silver closes out the month of March above $32.50, it will be the highest monthly close since November 2012.

With prices hovering near levels not seen for over a decade, one would logically think that interest in the silver market would be booming. However, this is not the case, and what we see is the exact opposite: interest in the silver market is currently at multi-year lows.

From a contrarian standpoint, this is a good thing, since it means the mainstream western investor is not participating in the silver market currently. When he does, it will signify a warning sign that a top may be approaching. For now, we are nowhere near this point, and we must thus conclude that silver has further room to advance over the months and possibly years ahead.

Let us examine the evidence.

Click here to continue reading for FREE on our partner site, Silver Phoenix…

 

Gold Price Forecast: New All-Time Highs But No Sign of a Top

Posted on Posted in Articles

The gold price hit a new record high this week, rising up to $2,942 in the spot market on February 10. Gold is now up 11% for the new year, after rising over 27% in 2024.

After such a run, with gold just below the key $3,000 per ounce level, one might wonder if the market is close to forming a top.

Continue reading the full article for FREE on on partner site, Gold Eagle…

Posted on Posted in Articles

Gold has had quite a run for 2024, up over 25% year to date as this article is going to press in late-December. Will the advance continue in 2025? Or will the new year see a reversal for gold prices after 2024’s strong performance?

Gold Rising Trend Until Proven Otherwise

Gold is within a clear rising trend, which began at the 2022 low of $1,615 per ounce. According to the principles of technical analysis: “A rising trend is valid until proven otherwise.” In this article, we will examine the price levels which will show us that gold’s rising trend is still intact for 2025.

Click here to continue reading the full article for FREE on our partner site, Gold Eagle…