Best start to the year for silver prices since 1983 – SilverSeek

1/22/2015 – So goes January, so goes the rest of the year. That’s what silver investors will be hoping after the best start to the year since 1983 with prices up 15 per cent. Silver has still to re-test its all-time high of $50 an ounce set back in 1980. Today the price hovers at around just $18, some 35 years later.

Silver prices move in tandem with gold and are leveraged to the upside and vice-versa. The three-year correction in precious metal prices took the silver:gold price ratio to above 70, a historically high level, leaving considerable room for silver price out performance as the gold price… read more

Leave a Comment