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In this video I talk about silver price. Will silver price move up or down this year? What about next year? I go over what affects silver price more than anything else and how we can attempt to predict silver price in the future. The biggest thing that affects silver price from a long term standpoint is the strength of the dollar. When the dollar index is up then silver price is usually down and when the dollar index is down then silver price is usually up. If you are trying to make a silver price prediction or an accurate silver price forecast then you need to be looking at the dollar. Dollar strength can be affected by many things, but the FED raising rates has had a huge affect on the dollar recently. I am waiting for the FED to signal that they want to cut rates and then I think that silver price can go up significantly from there. Fell free to comment below if you disagree with me.
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