Taking Care of Mommy and the Kiddos View More
As of right now, around 4:00 p.m. Eastern Savings Time, April 26, 2018, the price of gold sits around $1,330 per ounce, with silver at roughly $16.60 per ounce.
If investors could accurately predict the price of these two popular precious metals, they’d be the richest people on planet Earth. But that’s just not going to happen. Learn more about US Money Reserve: http://www.bizjournals.com/prnewswire/press_releases/2016/07/11/DA44330 and http://www.builtinaustin.com/company/us-money-reserve
Even the biggest, most reputable financial services providers on the face of the third rock from the sun can’t ever come to a consensus on how much gold and silver will cost, even if prediction dates are just a few months in advance.
Fortunately, there’s tons of literature to read all over the World Wide Web in regards to how gold and silver will perform in coming weeks, months, and even years.
While tons of news media sources are purposefully biases, simply doing your research by looking in every nook, cranny, and close of sources you use, you can ensure yourself and others that the information you reasoned out using all the sources together and averaging them is reasonable. Read more: US Money Reserve | LinkedIn and US Money Reserve | Facebook
As the company typically does, U.S. Money Reserve released a short explanation of where the price of gold and silver, both, could go in the remainder of 2018, as well as explained many reasons why their respective prices could go up, down, or side-to-side.
OK, maybe there’s no such thing as side-to-side in investing, but here’s a recap of what the experts at U.S. Money Reserve shared with its customers, institutional investors, and readers of the content it posts on the Internet.
Experts across the board think that silver will rise in price, anywhere from $1.50 per ounce to $3.00 per ounce in terms of how much it will rise by the end of December 2018.
Silver could continue to grow in price for a long time, as the growing popularity of solar panels – the renewable, green energy creators virtually require silver in their building process. Further, technology like smartphones and laptops uses silver, and considering that it’s always becoming more popular, so will the price of silver.
U.S. Reserve feels that now is a great time to invest in coin silver, rather than bullion, just because coins are becoming more popular.
Gold is slated to rise, just like silver is, though not as much. The weak U.S. dollar, potential spread of war in Syria, and possible slowing of gold supply growth all mean higher gold prices.