Tag Archives: evaluation

Hand writing the text: Where to Invest?

The 5 costliest financial regulations of the past 20 years: a timeline

Full Article: The 5 costliest financial regulations of the past 20 years: a timeline 

By: Frank Holmes

Last year, the Federal Register—the U.S. government’s depository of rules and regulations—hit an all-time high of 81,640 pages. Among the industries that bear the greatest regulatory oversight is financials, which has seen a disproportionate amount of scrutiny in recent years, especially following the 9/11 attacks and subprime mortgage crisis.

Although I agree with the need to have and play by the rules, financial regulations have become so onerous that they render all but the largest firms noncompetitive. It’s a game whose rules are continually shifting, and there often seems to be more referees than players. A recent Thomson Reuters survey found that more than a third of all financial firms spend at least a whole work day every week tracking and analyzing regulatory changes. This is an obligation most companies simply can’t afford in the long term.
Read more at http://www.stockhouse.com/opinion/independent-reports/2017/05/18/the-5-costliest-financial-regulations-past-20-years-timeline#MUqwfd8o1kUeLkdy.99

Full Article: The 5 costliest financial regulations of the past 20 years: a timeline 

By: Frank Holmes

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

Want the Best News?
Increase your wealth by staying informed:
Trend Alerts - Exclusive Articles - Videos
We respect your privacy.
Rising golden business bull in color background

Full Moon and a Dead Cat Bounce

Full Article: Full Moon and a Dead Cat Bounce

By: Bob Moriarty

In the past couple of weeks metals have been hit pretty hard by manipulation. I don’t mean the manipulation of prices; I mean the manipulation of the minds of weak hand investors. As I proved in my piece from the 9th of May, prices didn’t drop because of commercials closing short positions but instead due to weak hand speculators dumping contracts in a selling panic.

Those who specialize in telling people what they want to hear have immediately attempted to blame the commercials but you can’t make the price of anything go down by increasing your buying

Full Article: Full Moon and a Dead Cat Bounce

By: Bob Moriarty

Disclaimer

© 2010 Junior Gold Report and TechMoney360

Junior Gold Report and TechMoney360 Newsletter: Junior Gold Report’s and Tech Money 360’s Newsletter is published as a copyright publication of Junior Gold Report (JGR) and TechMoney360 (TM360).  No Guarantee as to Content:  Although JGR/TM360 attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. It may contain errors and you should not make any investment decisions based on what you have read on here. JGR/TM360, its associates, authors, and affiliates are not responsible for errors or omissions. By accessing the site and receiving this email, you accept and agree to be bound by and comply with the terms and conditions as set out herein. If you do not accept and agree to the terms you should not use the Junior Gold Report and TechMoney360 sites or accept this email. Consideration for Services: JGR/TM360, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in the featured companies, as well as sponsored companies which compensate JGR/TM360 as such our opinions are biased. We may hold potions in and trade these stocks of the companies we profile and as such our opinions are biased. JGR/TM360 and its’ owner and affiliates/associates may buy/sell and trade the featured companies from time to time. JGR/TM360 has been paid by the companies. Thus, multiple conflicts of interest exist. Therefore, information provided here within should not be construed as a financial analysis but rather as an advertisement. Conduct your own due diligence: The author’s views and opinions regarding the companies featured in report(s) are his/her own views and are based on information that he/she has researched independently and has received, which the author assumes to be reliable. You should never base any buying/selling/trading decisions off of our emails, newsletter, website, videos or any of our published materials. JGR/TM360 aims to provide information and often stock ideas but are by no means recommendations. The ideas and companies featured are highly speculative and you could lose your entire investment – consult a licensed financial advisor if you are considering investing in any of the featured companies. Subscribers/readers are encouraged to conduct their own research and due diligence. The companies mentioned are high risk and considered penny stocks that contain a high risk of volatility, therefore consult your investment advisor and do your own due diligence before purchasing. Never base any investment decision on information contained from our emails, newsletter, website, videos or any of our published materials. No Offer to Sell Securities: JGR/TM360 is not a registered broker dealer, investment advisor, financial analyst, stock picker, investment banker or other investment professional. JGR/TM360 is intended for informational, educational and research purposes only. It is not to be considered as investment advice. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR/TM360 may contain links to related websites for stock quotes, charts, etc. JGR/TM360 is not responsible for the content of or the privacy practices of these sites. Information contained herein was extracted from public filings, profiled company websites, and other publicly available sources deemed reliable. Information in this report was taken on or before writing and dissemination and may not be updated. Do you own due diligence as information and events can and do change. Published reports may reference company websites or link to company websites and we disclaim and responsibility for the content and accuracy of any such information or website. Release of Liability: By reading and/or watching videos by JGR/TM360, you agree to hold JGR/TM360, its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by the use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report/TechMoney360 does not take responsibility for the accuracy of forward looking statements and advises the reader to perform their own due diligence on forward looking numbers or statements.

 

 

 

 

 

Gold bullion and coins

Captin Ewave Major Markets Update

May 10, 2016

Email: admin@captainewave.com
Website: www.captainewave.com

Gold:

Short Term Update:
For the last few days we have been talking about the two options in gold.
Either all of wave *iii* is complete at the 1306.00 high or just wave !I! of our wave ^v^ thrust is. In yesterday’s trading session, gold was sharply lower, and reached a low of 1261.00.
In the overnight session, gold remained stable and reached a high of 1269.50, at the time that this Post was being written. Short term wave traders grabbed some great profits on the short side, and are hungry for another win, but we need to wait for a bit more wave clarity before placing our next power trade.
If wave *iii* is complete at the 1306.00 low, then we expect the current drop is wave *iv*, and our retracements for the end of wave *iv* are;
23.6% = 1247.10;
38.2% = 1210.70.
It is a bit early to conclude what type of pattern wave *iv* is going to follow, but if we are in wave *iv*, it is NOT complete at 1261.00, as it is much too shallow to be all of wave *iv*.
On the other hand, as we said in an Intraday Post yesterday, while travelling to NYC, gold has now completed the minimum requirements for a completed 3 wave pattern from the 1306.00 high to the 1261.00 low. So if we are still in our wave ^v^ thrust, and it is subdividing then the count would look like:
!I! = 1306.00;
!ii! = 1261.00, if complete, to complete all of wave !ii!
Retracements for wave !ii! are:
50% = 1267.30;
61.8% = 1258.10
Upon completion of wave !ii!, our wave !iii! rally is next.
WE should know in the next 24 to 48 hours which way gold wants to go!
Longer Term Update:
Based on the current count, gold is still working on its first impulsive sequence out of its wave (2) of 3 low, and we still have a little way to before this sequence is complete. We should now be falling in wave *iv*.
Active Trading Positions: Long 20 positions, with puts at 1085.00!

Crude Oil:
Short Term Update:

Crude reached a low of 43.04 in yesterday’s trading session. In the overnight session, crude was higher, reaching 43.98, at the time that this Post was being written.
There is no change to our current analysis as we still see further weakness, as we are still short of our 50% retracement level for all of wave !ii!, which is 42.89.
Upon completion of wave !ii!, we expect a sharp rally in wave !iii! and we will buy crude at 42.50 to try and grab this next leg up.
Our updated count is:
^i^ = 43.69;
^ii^ = 39.00;
^iii^:
!i! = 46.78;
!ii! = 43.03, if complete, but we expect further softness as our retracement levels are:
50% = 42.89;
61.8% = 41.97
Projections for the end of all of wave ^iii^ are:
^iii^ = 1.618^i^ = 52.67;
^iii^ = 2.618^i^ = 61.11
Our first projection for the end of wave *iii* is:
*iii* = 1.618*i* = 61.84.

Suncor made a slightly lower low in yesterday’s trading reaching 25.31. We are still looking for the end of wave .a. of -ii-. Retracement levels for all of wave -ii are:
50% =24.31;
61.8% = 22.98
If wave .a. is ending, then we should expect a wave .b. rally, a shown on the Weekly Suncor Chart, as the next big event.
Long Term Update:
We are now working on the assumption that a major low in wave b of B was reached at the 26.05 low. If this assumption is correct, then crude is now heading sharply higher, at least back to the all-time high of 147.27.
Active Big Wave Positions: Buying at 42.50, risking to 38.99
Short Term Positions: We’re long as of this morning, with a tight stop at $42.90!

S&P500:
Short Term Update:

Not much happened in the S&P in yesterday’s trading, and in the overnight session the S&P Futures are up about 12 points at the time that this Post was being written.
As you can see on the attached 120 Min S&P Chart, we have made a change to our count for wave -iv-. It now could be possible that all of wave -iv- is complete at the 2039.45 low. If that is the case, then we should now be starting wave -v- higher.
It is still difficult to say whether all of wave -iv- is now complete. or whether it will become more complex and even a bullish triangle. If it is becoming a bullish triangle then we just completed the first leg of that triangle at the 2039.4 low.
We should get a better picture tin this week’s trading.
Wave -iv- retracements levels are as follows:
23.6% = 2057.41;
38.2% = 2025.61.
Long Term Update:
Wave -i- of (v) is complete at the 1946.70 high, and wave -ii- at 1891.00. We should now be heading to our second projected target for the end of wave -iii- and once that wave is complete, we should expect drop in wave -iv-.
Our minimum target for the end of wave (v) is the all-time high of 2134.72.
Active Big Wave Trading Positions: Flat.
Short Term: We grabbed a short term long position this morning, risking to 2038!

USDX:
Short Term Update:

The USDX rallied to 94.33 in the overnight session, at the time that this Post was being written.
This rally has now eliminated our latest count and we are unsure of the short term count for this market. We will need to wait for more wave clarity before making a short term waves projection.
Long Term Trading Update:
The longer term picture is clear. It looks like all of wave ii was completed at the 100.71 high and we are now heading sharply lower in wave iii.
Active Trading Positions: Flat.

HUI/GDX and Selected Gold Stocks:
Short Term Update:
AS expected the GDX and our selected gold stocks were sharply lower in yesterday’s trading.
It looks like these markets are following our exact suggested paths, within their respective corrections.
GDX:

As you can see on the 60 Min GDX Chart, it looks like all of wave (b) ended at 25.44, and we are now falling in wave (c) of ii. Our minimum target for all of wave (c) is the wave (a) low of 23.29, but we do have much lower targets with our retracements levels, that are shown in the attached 60 Min GDX Chart. Traders can expect further weakness in the days ahead.
ABX:

As you can see on the 120 Min ABX Chart, wave .b. ended at 18.84, and we are now falling in wave .c. In this market wave .c. has satisfied the minimum requirements for a completed 3 wave drop as we have traded below the wave .a. low of 17.32. We doubt the all of wave (ii) is complete at the current low of 17.32, as we are still above our retracement zone. Expect further weakness here also.
Active Trading Positions: We are long the GDX, ABX, KGC, NEM, CRJ, and TSX:XGD with no stops!
Free Trades Offer For Web Readers: Send me an email to admin@captainewave.com and I’ll send you my next couple short term ewave trades for free!
Thank-you!
Captain Ewave & Crew!
Email: admin@captainewave.com
Website: www.captainewave.com
Risk:  CAPTAINEWAVE.COM IS AN IMPERSONAL ADVISORY SERVICE. AND THEREFORE, NO CONSIDERATION CAN OR IS MADE TOWARD YOUR FINANCIAL CIRCUMSTANCES. ALL MATERIAL PRESENTED WITHIN CAPTAINEWAVE.COM IS NOT TO BE REGARDED AS INVESTMENT ADVICE, BUT FOR GENERAL INFORMATIONAL PURPOSES ONLY. TRADING STOCKS DOES INVOLVE RISK, SO CAUTION MUST ALWAYS BE UTILIZED. WE CANNOT GUARANTEE PROFITS OR FREEDOM FROM LOSS. YOU ASSUME THE ENTIRE COST AND RISK OF ANY TRADING YOU CHOOSE TO UNDERTAKE. YOU ALSO AGREE TO BEAR COMPLETE RESPONSIBILITY FOR YOUR INVESTMENT RESEARCH AND DECISIONS AND ACKNOWLEDGE THAT CAPTAINEWAVE.COM HAS NOT AND WILL NOT MAKE ANY SPECIFIC RECOMMENDATIONS OR GIVE ADVICE TO YOU OR ANY OF ITS CLIENTS UPON WHICH THEY SHOULD RELY. CAPTAINEWAVE.COM SUGGESTS THAT THE CLIENT/MEMBER TEST ALL INFORMATION AND TRADING METHODOLOGIES PROVIDED AT OUR SITE THROUGH PAPER TRADING OR SOME OTHER FORM OF TESTING. CAPTAINEWAVE.COM, ITS OWNERS, OR ITS REPRESENTATIVES ARE NOT REGISTERED AS SECURITIES BROKER-DEALERS OR INVESTMENT ADVISORS EITHER WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR WITH ANY STATE SECURITIES REGULATORY AUTHORITY. WE RECOMMEND CONSULTING WITH A REGISTERED INVESTMENT ADVISOR, BROKER-DEALER, AND/OR FINANCIAL ADVISOR. IF YOU CHOOSE TO INVEST WITH OR WITHOUT SEEKING ADVICE FROM SUCH AN ADVISOR OR ENTITY, THEN ANY CONSEQUENCES RESULTING FROM YOUR INVESTMENTS ARE YOUR SOLE RESPONSIBILITY.
ALL INFORMATION POSTED IS BELIEVED TO COME FROM RELIABLE SOURCES. CAPTAINEWAVE.COM DOES NOT WARRANT THE ACCURACY, CORRECTNESS, OR COMPLETENESS OF INFORMATION AVAILABLE FROM ITS SERVICE AND THEREFORE WILL NOT BE LIABLE FOR ANY LOSS INCURRED. DUE TO THE ELECTRONIC NATURE OF THE INTERNET, THE CAPTAINEWAVE.COM WEBSITE, ITS E-MAIL & DISTRIBUTION SERVICES AND ANY OTHER SUCH “ALERTS” COULD FAIL AT ANY GIVEN TIME. CAPTAINEWAVE.COM WILL NOT BE RESPONSIBLE FOR UNAVAILABILITY OF USE OF ITS WEBSITE, NOR UNDELIVERED E-MAILS, OR “ALERTS” DUE TO INTERNET BANDWIDTH PROBLEMS, EQUIPMENT FAILURE, OR ACTS OF GOD. CAPTAINEWAVE.COM DOES NOT WARRANT THAT THE TRANSMISSION OF E-MAILS, OR ANY “ALERT” WILL BE UNINTERRUPTED OR ERROR-FREE. CAPTAINEWAVE.COM WILL NOT BE LIABLE FOR THE ACTS OR OMISSIONS OF ANY THIRD PARTY WITH REGARDS TO CAPTAINEWAVE.COM DELAY OR NON-DELIVERY OF THE CAPTAINEWAVE.COM NIGHTLY EMAILS OR “ALERTS”. FURTHER, WE DO NOT RECEIVE ANY FORM OF PAYMENT OR OTHER COMPENSATION FOR PUBLISHING INFORMATION, NEWS, RESEARCH OR ANY OTHER MATERIAL CONCERNING ANY SECURITIES ON OUR SITE OR PUBLISH ANY INFORMATION ON OUR SITE THAT IS INTENDED TO AFFECT OR INFLUENCE THE VALUE OF SECURITIES.
THERE IS NO GUARANTEE PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS. NO ASSURANCE CAN BE GIVEN THAT THE RECOMMENDATIONS OF CAPTAINEWAVE.COM WILL BE PROFITABLE OR WILL NOT BE SUBJECT TO LOSSES. ALL CLIENTS SHOULD UNDERSTAND THAT THE RESULTS OF A PARTICULAR PERIOD WILL NOT NECESSARILY BE INDICATIVE OF RESULTS IN FUTURE PERIODS. THE RESULTS LISTED AT THIS WEBSITE ARE BASED ON HYPOTHETICAL TRADES. PLAINLY SPEAKING, THESE TRADES WERE NOT ACTUALLY EXECUTED. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED TRADES DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE OVER OR UNDER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LACK OF LIQUIDITY. YOU MAY HAVE DONE BETTER OR WORSE THAN THE RESULTS PORTRAYED. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. NO INDEPENDENT PARTY HAS AUDITED THE HYPOTHETICAL PERFORMANCE CONTAINED AT THIS WEBSITE, NOR HAS ANY INDEPENDENT PARTY UNDERTAKEN TO CONFIRM THAT THEY REFLECT THE TRADING METHOD UNDER THE ASSUMPTIONS OR CONDITIONS SPECIFIED HEREAFTER. WHILE THE RESULTS PRESENTED AT THIS WEBSITE ARE BASED UPON CERTAIN ASSUMPTIONS BELIEVED TO REFLECT ACTUAL TRADING CONDITIONS, THESE ASSUMPTIONS MAY NOT INCLUDE ALL VARIABLES THAT WILL AFFECT, OR HAVE IN THE PAST AFFECTED, THE EXECUTION OF TRADES INDICATED BY CAPTAINEWAVE.COM. THE HYPOTHETICAL RESULTS ON THIS WEBSITE ARE BASED ON THE ASSUMPTION THAT THE CLIENT BUY AND SELLS THE POSITIONS AT THE OPEN PRICE OF THE STOCK. THE SIMULATION ASSUMES PURCHASE AND SALE PRICES BELIEVED TO BE ATTAINABLE. IN ACTUAL TRADING, PRICES RECEIVED MAY OR MAY NOT BE THE SAME AS THE ASSUMED ORDER PRICES.

What’s Next for the Price of Silver per Ounce?

• April 28, 2016

The price of silver per ounce has been on a tear in recent weeks, and no doubt, that has many investors wondering just how high silver can go.

Silver prices hit an 11-month high in April, considerably outperforming the gold price. According to Commerzbank, the silver price per ounce has benefited from a weaker US dollar, strong ETF inflows and purchases from speculative investors. While silver bugs are no doubt happy to see the price of silver per ounce on the rise, the firm suggested in its most recent note that “correction potential has built up in the near-term.”

What is the price of silver per ounce right now? At close of day on Wednesday, the white metal was sitting at $17.21 per ounce, up 0.47 percent for the day. Since the start of the year, the silver price has risen 22.23 percent.

Silver wasn’t doing too well at the start of the year, however. As Commerzbank noted in its report, the gold-silver ratio was at its highest since February 2008 in the first two months of this year. That was largely due to silver being priced too low relative to gold. Thus, the firm sees the relative strength of the price of silver per ounce as of late as a “catch-up effect.”

A weaker US dollar has buoyed gold prices so far this year. The US Federal Reserve once again opted to leave interest rates unchanged this week, providing support for both precious metals.

Where is the price of silver per ounce headed?

There’s plenty to consider when looking ahead at the future for the price of silver per ounce:

  • ETF inflows; As mentioned above, the metal has seen strong ETF inflows—240 tons in the first two months of 2016 and 185 tons in February alone, according to Commerzbank. However, inflows slowed to just 60 tons in March.
  • Correction potential; Commerzbank also pointed out that net long positions are currently worth 10,600 tons of silver. That might sound like good news for the price of silver for ounce, but as the firm states, “this has also generated considerable potential for correction if money managers were to take profits and close their long positions.”
  • A boon for miners; To be sure, a higher silver price would be welcome for many long-suffering silver miners. As Commerzbank notes, a low silver price per ounce has made primary silver production “hardly profitable at all.” However, that scenario changes at the current silver price, meaning more supply could come back online.
  • Higher demand; Of course, beyond its investment appeal, silver has a number of industrial applications as well. On this front, demand from the photovoltaic sector is expected to surge by 10 percent, driving industrial silver demand to its highest level in five years.

Overall, while Commerzbank sees a potential correction for the silver price in the near term, the firm does see additional upside for silver in the medium to long term. Commerzbank has upped its forecast for the price of silver per ounce to $18 from $17 previously.