Monday, July 13, 2009
Dollar goes down and silver goes up!
Silver ended up a little bit today at just over $12.80 per ounce. Definitely down from its previous highs in the last 60 days. Silver should hit 15 in the next several months and then should steadily increase from there. That is my opinion at least. Even though silver is being heavily manipulated - that will only go on for so long and eventually the futures and options markets will be removed from existence and the TRUE REAL price of silver can be realized. Let's just hope nothing weird happens between now and then like everyone demanding physical delivery of bullion.
Posted by Mike at 3:52 PM