Silver Prices To Rise Despite Continued Slowdown In China

Back in late April, I illustrated the poor performing environment of the precious metals sector and predicted a continued decline in bullion prices. I pointed to three leading factors, which has an adverse effect on bullion prices including: (1) the market fearing an end to the QE program; (2) an economic slowdown in China; and (3) India's continued economic deceleration.

Recent events that took place suggests a rise in bullion prices (in particular silver) is just around the corner.