Welcome to illuminati silver, we tell you
the truth about silver. Today is Saturday 2nd January 2016 and we
are just providing a brief roundup of gold and silver prices for 2015.
As you can see from our chart we have shown gold and silver prices as they were exactly
12 months ago and also at their peak in 2011 and compared this to where we are today. We
have to add that we have used bullion prices here as opposed to spot prices so the figures
may differ slightly (but less than 1%) when compared to some others charts produced elsewhere.
In fact our figures slightly understate those of others.
We can see that in sterling terms gold is 5.8% lower for the year and 39% lower from
its peak in 2011 and in dollar terms these figures are worse in that they are 9.4% down
for the year and 44% down from their peak. Silver shows an 8.3% fall in sterling value
from 12 months ago and a 68% fall from their peak in 2011 and in dollar terms, again the
figures are worse in that since 1 year ago they are down 12% and are 72% down from their
peak in 2011. Interestingly, comparing today’s figures
with the peaks for 2015 in dollar terms gold has fallen some 18% and silver 24%. We mention
this because when these prices began to rise many pundits came out and said that this was
the start of the third leg bull run. Clearly it wasn’t.
So what does this all mean for 2016? Well we are going to cover this in our 2016 Gold
and Silver price forecast video which will be broadcast in a few days’ time.
Suffice to say, that despite many of the pumpers, technical analysts and gold and silver bulls
claiming for most of the year that prices were going to rise, we have stuck firm by
our downward trend predictions and are pleased with the results of our analysis at least
for 2015 – and we feel there could have been an even worse time for precious metals
had the conflict with Russia and more recently Syria not occurred.
We hope you have found this video interesting and informative and if so, please give it
a thumb up and share it on twitter. Also kindly visit our website regularly at www.illuminatisilver.com Disclaimer: Illuminati Silver owners come from a background
of Banking, International Wealth Management and Economics. Having now retired from these
worlds we are not qualified to give investment advice. Therefore, this and other productions
must not be deemed to be giving such advice and merely represent the personal views of