FSN: 5 Factors That Will Push Silver to $250 an Ounce
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
All bull markets go through periods of consolidations and corrections. And precious metals are no exception.
There has been plenty about gold’s swan dive, but less talk about silver. And at this point there’s more potential for silver than gold…significantly more.
Because the global silver market is relatively small, Silver Prices tend to be more volatile; the pounding sell-off we witnessed in silver this past month is a testament to that fact. But volatility works both ways, so when silver rises, its price can explode higher.
That’s exactly what happened in April 2011, when silver prices rose by 170% in the space of just 7 months. That’s why silver investors say investing in the white metal is like buying “gold on steroids.”
Continue Reading at CommodityTradeMantra.com…
2013-04-25 18:45:35
Source: http://silveristhenew.com/2013/04/25/5-factors-that-will-push-silver-to-250-an-ounce-2/
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