It's been a volatile month for precious metals, with the price of silver (SLV) briefly spiking above the $27.00/oz level before retreating below $25.00/oz this week. However, while this has put a minor dent in short-term momentum, key ratios continue to point to higher prices ahead for the metal. If we combine this with the silver's bullish posture on its long-term chart and the position of real rates, I see several reasons to be bullish over the next year. Let's take a closer look below:
