Silver Price Prediction: This Supply Crisis Could Eventually Send Silver Back to…
Silver is dealing with 2 very different forces right now. The fundamental picture points to years of supply shortages and rising industrial demand, but the shorter term silver price chart still leaves room for a substantial correction. That combination makes the next major move particularly important. Silver has remained trapped inside a range since August 10, and a breakout from either side could determine whether price heads toward much higher levels or revisits an area last tested during the previous correction.