Anyone interested in investing has probably considered trading precious metals at some point. Gold is the traditional choice for precious metal trading, but buyers and sellers have had a lot of success trading silver. Like gold, the price of silver has an excellent track record throughout history, and silver can serve the same function as gold as a store of value.
So, the big question for many is: What will silver be worth in, say, 10 years?
Unfortunately, nobody can precisely predict that. Our modern economy is so complex that current models make precise long-term predictions impossible.
However, we can look at historical trends for silver prices and, allowing a few assumptions about the market, provide an educated guess about the demand for silver 10 years out….