Silver Could Rise in 2014 — Here are 4 Reasons Why

Summary: The 2014 silver outlook from most analysts has hovered right around $21 per ounce this year, but some silver seekers have indicated that they have higher hopes for the white metal and believe that we could see a rebound in silver market strength. The silver optimists list four factors they believe could make this a reality: production costs, the U.S. economy, oversold territory, and foreign silver demand. However, regardless of these predictions, one article suggests that silver will likely do well until the end of February at least, since for the last two decades “the metal has gained an average of 9.05 per cent” from December 23 – February 28. If the same holds true this year, now could be the time to bet on silver. Read more…