The Best Silver Miners
Summary
- Gold's breakout suggests a potential 2-3 year run to $3,500, with silver likely following, potentially reaching $88 per ounce.
- Investing in silver miners is speculative and high-risk, with the potential for 500% returns if silver prices surge, but expect volatility.
- Aya Gold & Silver, Coeur Mining, Endeavour Silver, First Majestic Silver, Fresnillo Plc, Hecla Mining, Hochschild Mining, Pan American Silver, and SilverCrest Metals are my top picks.
- Diversify investments among these miners, but use low allocations due to high risk; even the best stocks can underperform or decline.
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Introduction
Gold (XAUUSD:CUR) has been trending since March, when it broke out with a big green candle through $2,070 (see green arrow below). Silver (XAGUSD:CUR) tried to come along for the ride and reached $32.50 in May, but
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