2 thoughts on “Silver: Demand Exceeds Supply

  1. Hi,
    I have invested in silver at the price of $35 with a target to sell it at $70 to $80 so can u please guide me with your experience how long do i should take my position in silver to achieve my target????

    An early reply would highly be appreciated,
    regards,

    1. Hi Zain,

      I sometimes use technical patterns to suggest future price targets but I’m not sure it’s possible to know when a target could be reached. Instead I’m more concerned with the long term trend and whether anything has changed to suggest that trend could be over. Is there a reason you have $70 to $80 as your target? Silver’s inflation adjusted high from its 1980 high is around $138 per ounce.

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