Cautious optimism that the silver market, many experts predicted, investors gave serious losses. After the July peak growth rates for February cherished 21,8 USD / ounce silver actively supports the "smooth" the falling world market base and precious metals and is currently listed on the LME and COMEX at $ 17.42.

Certain regularities in the dynamics of the price of silver could be found, however, in the long term it looks lowered. If we consider that the level of profitability of the old mines (where nickel, zinc and lead are important), most experts estimate on lower prices for industrial silver at 16,5-17 USD / ounce - it is a signal for reflection. Now this threshold cost of production "side" of the metal almost reached it, and the physical stocks of the metal in the ETF runs out fast enough.

We believe that the silver market in November 2014, breaking yet another recession, will be released on a $ 18.7-resistant quotes attempts testing prices above 19,5 USD / ounce, but this trend will soon forced.