Recently, Christopher Aaron, precious metal analysts’ ink about Silver Price Forecast! The silver price is just a few percentage points away from a 13-year high, with the current spot silver hovering at $32.60 as this article goes to press. Silver prices have not been this high since 2012 – if silver closes out the month of March above $32.50, it will be the highest monthly close since November 2012.

With prices hovering near levels not seen for over a decade, one would logically think that interest in the silver market would be booming. However, this is not the case, and what we see is the exact opposite: interest in the silver market is currently at multi-year lows.

From a contrarian standpoint, this is a good thing, since it means the mainstream western investor is not participating in the silver market currently. When he does, it will signify a warning sign that a top may be approaching. For now, we are nowhere near this point, and we must thus conclude that silver has further room to advance over the months and possibly years ahead.

Takeaway on Silver are,

1: The silver price is approaching a 13-year monthly closing high.

2: However, because prices have been moving higher slowly over the last year, interest remains subdued.

3: This stealth bull market has caused valuations across the silver mining sector to approach decade lows. &

4: For investors who expect that silver will continue to rise over the years ahead, and in fact may rise more rapidly starting soon, silver mining companies are trading at compelling entry points.

Remember – mainstream investors are not yet participating in the silver market. When they do, prices could skyrocket quickly, as they last did in 2020. One must be positioned before the average person begins to show interest in silver order to fully capture the upside.