http://illuminatisilver.comWhat will happen to Silver Prices by the end of 2018? (Part 1 of 2)
Today is Saturday 4th August 2018 and this is the first part of 2 videos where we highlight what we believe will be the influences on the Silver price for the remainder of 2018 and where we predict prices will end up at the end of the year.
At the time of publishing, silver prices currently stand at $15.42 some 8% or $1.34 down on exactly a year ago and down some 9.5% or $1.64 since the start of 2018. So without doubt 2018 has so far proven to be a lacklustre year.
In 2018, prices have oscillated between about $15.20 and $17.55 per ounce. Experts are not necessarily surprised, but of course many are hoping for a better performance before the year ends.
There are a number of factors which could affect the price from hereon and we have consolidated them into 5 major influences.
They are as follows:
1. Geopolitical issues
2. Interest rates
3. Price manipulation
4. Traditional Supply and Demand.
5. Internal US Politics
But even before the election takes place, if the polls show that a ‘Blue Wave’ is likely to sweep over the elections, then we can certainly predict that markets will become more turbulent (providing they haven’t moved dramatically before then) and until the election is over we would expect to see monies leaving the stock market and moving into gold and silver. However, the more dramatic moves, we believe will occur post the election and perhaps early into the New Year.
On Monday, we shall highlight the highs and lows we expect the silver markets to reach before 2018 is out and our reasons for it. So please look out for our next video.
Please view our latest videos:
Gold and Silver weekly Update – w/e 3rd August 2018
https://youtu.be/XC79CfLVyIYGold falls below $1250 and silver below $16
https://youtu.be/L5CmhoSDV50Copper – Its History and Prospects as an Investment Opportunity in 2018
https://youtu.be/JsIHjG3t7vQGold falls below $1300 – will it fall further?
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