Thursday, May 5, 2011

Silver Going Back To $50

The price of silver has seen a dazzling surge of nearly 77% in the past 13 weeks but its fortune seems to have revered over the past few days. Analysts believe It's the demand for silver coins and bars, exchange-traded funds as well as futures and options contracts that has fueled the metal's price rise. After 4 margin hikes in less than 2 weeks Silver hasn't lost its long term luster.
Keep stacking physical .I think the fundamentals are there but am unsure how low it will go before it goes back up........it's down to $35.91 now and falling very fast as I write this. It's a massive correction but whatever anyone thinks, the price of the metal is still ridiculously low. Silver pullback is a buying opportunity. SILVER...Starts at 1:37

LINK HERE..

2 comments:

  1. i concure

    time to buy now before its too late to sell to the slowpokes that come in too late near 55

    ReplyDelete
  2. time to buy, leverage, and buy

    ReplyDelete

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