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2022 Should Bring Better Returns for Silver -Breaking

by Mike Robinson

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© Reuters. For silver, 2022 should bring better returns

It’s been a disappointing year thus far for investors in the silver (SLV) space, with the metal down more than year-to-date and the Silver Miners Index (SIL) plunging more than 20%. From a fundamental perspective, however, there has been no change. The real rate is still in negative territory and the demand from industrial markets for silver are strong. Taylor Dart breaks down why silver remains a buy as we enter a new year.It’s been a disappointing year thus far for investors in the silver (SLV) space, with the metal down more than year-to-date and the Silver Miners Index (SIL) plunging more than 20%. However, there has been no fundamental change. The negative real rate is still in negative territory and the industrial demand for silver are strong.

From a technical standpoint, we haven’t seen any meaningful damage either, with the metal continuing to carve out a massive base-on-base pattern. Let’s take a look below:

(Source: TC2000.com)

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