In the longer run there is no doubt that both net managed positions in gold and silver will reach another historical high as the outlook for the global environment is likely to be highly. Golds bullish prospects for the longer term in 2018 bullish sentiment for gold and silver was at a multi year low very few people were interested thats usually the time to take a fresh . With gold closing above the critical 1650 level and silver above 30 my view is that we have bottomed and we are on the way to much higher levels we are seeing a bit of sideways action here but its sideways to upward and i think that will continue i like the pace the fact that its not going up too fast but i think we will see an acceleration to the upside in short order words 924. Economist david henderson explains why gold and silver go up whenever the us dollar goes down already surging silver prices could get a big boost if former vice president joe biden wins the 2020