Silver and gold prices are on the rise, with silver up 3.1% today and gold breaking out of its bull flag pattern. Analysts predict a continued upswing in silver to $29.50 next week, driven by inflationary pressures. Commodities like silver and gold are outperforming traditional portfolios due to inflation, with silver showing a 3-month return of +26.2%. Despite the positive outlook, there are concerns about potential dips around key events like inflation data or the FOMC meeting.
Silver is dynamite searching for a spark... #Gold #Silver #preciousmetals #Commodities #Inflation https://t.co/WvINehOJnW
SILVER - Still on track, with the possibility of a sudden upside reaction #preciousmetals #Gold #Silver #Commodities #Inflation https://t.co/gf9FsYXqfU
Want Returns? Silver, Gold, and other commodities are outperforming traditional 60/40 portfolios due to #HFL Inflationary pressure. Silver inflated another +6.8% last week, taking its TRENDING 3-month Full Investing Cycle Return to +26.2%. Gold was +2.5% for us last week… https://t.co/Fd6iXBCDDM