While the price of gold has been moving up steadily over the past few years, silver on the other hand, has been more range bound. That is until recently. Today the price of silver moved up by several percentage points taking the metal to a spot price of over $22/oz – this is a level not seen since late 2013. So, the question becomes – is this a temporary spike in price or the beginning of what could prove to be a massive bull market? This of course remains unknown. However, with the current state of affairs from policymakers, politicians, and central bankers around the world, it would suggest that there are a lot of tailwinds behind gold and silver. The printing press is no panacea as the world is soon going to discover and the people are also going to become well aware that “free” money was never so expensive. Add to this the geopolitical uncertainties, the upcoming US Presidential election, more talks of government spending, higher inflation expectations, and a further deterioration in the overall economy, places the precious metals market in a ripe environment for perhaps the next several years as a means of diversifying, protecting, and adding to your wealth. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Debt #Recession #BananaRepublic #USA #EndTheFed #Depression #Inflation #Gold #Silver