Peter Krauth

The Federal Reserve met, and the Fed decided…to do nothing. Policymakers held the key federal funds target rate range at 5.25%-5.50%, first set back in July last year. As for the “dot plot,” though it has a lousy track record, it suggests only one rate cut is coming this year. But make no mistake, this continues to be an ideal environment for gold and silver, explains Peter Krauth, editor of Silver Stock Investor.

Over the past four years, silver has tested $30 three times. We’ve even seen silver reach new multi-decade highs in most major currencies. Then BOOM! It surged to $28 in April, pulled back to $26, then rocketed to $32 in the last three weeks. I like Wheaton Precious Metals Corp. (WPM) as a way to capitalize, suggests Peter Krauth, editor of Silver Stock Investor.

Two weeks ago, I attended and spoke on a panel at the spring edition of the Swiss Mining Institute investment conference. This year we were witnessing all-time highs in gold prices. I was asked if I thought this was finally going to be a true breakout for precious metals. As always, I gave my honest opinion, saying that I don’t know for certain, but believe it is. So why haven’t silver prices really rallied…yet? Here’s my take, recounts Peter Krauth, editor of Silver Stock Investor.

I just spent five days in Toronto attending and speaking at two back-to-back mining conferences. The second was the truly massive PDAC conference. There’s an expression in the mining world: The PDAC Curse. But we may have seen the “curse” go into “reverse” this year, and that’s bullish for silver, writes Peter Krauth, editor of Silver Stock Investor.