In just a single decade silver prices have increased by one-thousand percent. Many derivative and hedge fund investors did not fare as well, even in favorable market conditions.
The technical market shows silver now trading in a narrow range. This occurring after its record high which touched nearly $50 per ounce in 2011. Recently giving way to a fifty percent correction, silver is giving a classic buying signal. Why, then are many investors hesitating to jump on the bandwagon? Volatility is the obvious answer, but even the volatility curve favors investing in silver now.
2009 saw silver prices rebound more rapidly than any other investment, after falling on news of the Great Recession. If we are to experience a “double dip,” it seems that a further correction is unlikely. In current global fiscal conditions, silver bugs are not likely to sell their silver holdings at current levels, even if valuations threaten to plummet.
