Analyst Says Silver Could Be Headed to $50 Silver, often dubbed the “poor man’s gold,” is on the brink of a significant technical breakout, mirroring the momentum gold has recently experienced. The recent surge in gold prices, achieving new highs, sets a compelling backdrop for silver’s potential breakout. The extended consolidation period silver has undergone hints at a significant upside once it overcomes resistance. This could not only propel silver towards the $30 mark again but, more ambitively, drive it towards its historic high of $50, catalyzed by technical buying reflective of its prolonged accumulation phase. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts What is a Goldback? How and Where to Buy Goldbacks in The United States READ MORE U.S. Reinstates Oil Sanctions on Venezuela Amid Election Promise Failures READ MORE S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data READ MORE Gold Hits Three-Week High as Cooling Inflation Fuels Fed Rate Cut Hopes READ MORE Revolutionary Tax Reforms: Oklahoma and Missouri to Redefine Gold and Silver? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment