Gold and silver prices crashed through key support levels last week and could be on their way down to their respective major support levels $1,525 (£1,000) an ounce and $27 an ounce. Should prices plunge further than that, all bets are off. Indeed, if the last bear market for precious metals is anything to go by, prices could go into hibernation for as long as 20 years.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis