Update: Silver Breaks Out Above $21, What’s Next for Investors?

by Steve St. Angelo
SRSRocco Report

The long-awaiting day has finally arrived. After five long years, silver has finally reached its previous high of $21 set back in 2016. So, now that the silver price has reached and broken through the $21 level, what’s next for investors?

Before I show the charts, let me clarify the difference in silver prices shown below and on Kitco.com. Kitco.com uses the London Metal Exchange (LME) silver price quotes that are approximately 30-40 cents less than the U.S. based Chicago Mercantile Exchange (CME Group) that Investing.com (below) and Stockcharts.com uses for silver price charts.

Yesterday, I was quite busy on my twitter feed, providing updates on the silver price. Here were a few of my Tweets during early trading yesterday:

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