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Silver Price Forecast for 2015: Bullish Outlook
Tuesday, March 17, 2015 8:31
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While the majority of the talking heads on Wall Street remain bearish on silver, the fact of the matter is that a number of key economic and supply/demand metrics point to a bullish silver price forecast for 2015.
Economic Drivers Affecting Silver Outlook in 2015
With the price of silver exchanging hands at a support level near $15.00 an ounce, many investors bullish on the precious metal are hoping for a rebound.
Typically, silver prices run in step with the price of gold. That said, the price of silver has been hit harder than gold. Gold prices are down more than 40% since hitting a record $1,923 an ounce intraday high in September 2011. Silver, on the other hand, is down almost 70% after hitting $49.80 in May 2011.
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