Silver prices, inflation and living with the long-term

Summary:  Silver has taken quite the beating in recent weeks. Consolidating “short” positions along with media hype have driven the metal down in tandem with gold. But this analysis from Resource Investor provides some perspective on silver’s long-term story, and how inflation is only one part of its overall appeal. For example, silver only broke above $26 in November, 2010. It’s tested that low three times since, with this latest drop to $23 being the first. So while short-term anxiety may be high, this analysis explains that a new wave of physical buying could be emerging, which is not too dissimilar from what occurred when silver dropped to below $9 in late 2008. Read more….