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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Next stop $50 for silver

Posted on 10 March 2011

From Resourceinvestor.com: Last week, I saw silver rise $1 in one day. I remember when the white metal’s total cost was $1! When I urged readers three years ago to load up on silver at $10 because it was headed to $50, peopled insisted that I was insane. Now that we are ticking at $36, it doesn’t look so crazy after all.
Investment demand is overwhelming industrial demand by a large margin. The world produces about 1 billion ounces of silver a year to meet 1 billion ounces a demand for jewelry and industrial process……………………………………….Full Article: Source


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VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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