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Tuesday, May 30, 2017
Jeff Christian on 2017 Silver Prices
Many readers follow precious metals prices in the expectation that they are undervalued and will have a sharp move higher at some point. In this March 2017 interview Jeff Christian of the CPM Group said he expected silver to move sideways until mid 2017 and then move higher in the 3rd and 4th quarters.
Technically, silver needs to clear $18.50 to start into a stronger move higher. If it were to clear $21 sometime later this year (in the 3rd or 4th quarter for example), a move back to the key $26 area would be more probable. Below is the short video of the Jeff Christian interview. So far his take on silver has been pretty accurate in 2017.