SAN FRANCISCO, CA--(Marketwired - July 29, 2016) - By the reckoning of market watchers, the silver bull has arrived. The Gold Report takes a look at what some of the experts predict for the silver price going forward and for companies poised to benefit from the upswing.
Included in this article are: Golden Arrow Resources Corp. (TSX VENTURE: GRG), Great Panther Silver Ltd. (TSX: GPR), Southern Silver Exploration Corp. (TSX VENTURE: SSV)
Like gold, the price of silver has surged following Britain's vote to leave the European Union. According to an article published on July 19 on INN Daily, the silver price has gone up more than 43% year-to-date, "leap-frogging ahead of gold post-Brexit."
Investors can expect some volatility. Because silver is both "currency and commodity," used in a variety of industrial and other uses, its value is "more highly correlated with stocks" than the value of gold, INN Daily reports.
Expert David Kranzler explains in the Mining Stock Journal, ". . .mining stocks are a 'derivative' of gold/silver, meaning their intrinsic value as companies is derived from the price of gold/silver. They are leveraged plays on the price of the metals."
Continue reading this article: How to Play the New Silver Bull Market
About Streetwise Reports - The Gold Report
The Gold Report shares investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
The following companies mentioned in the article are sponsors of Streetwise Reports: Southern Silver Exploration Corp., Great Panther Ltd., MAG Silver Corp., Golden Arrow Resources Corp. and Silver Wheaton Corp. The companies mentioned in this article were not involved in any aspect of the article preparation. Streetwise Reports does not accept stock in exchange for its services. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
The full disclosure is provided at the end of the published article: How to Play the New Silver Bull Market