Why Buy Silver Now?

webstandardcss · Dec 8, 2010

The market just gave a clear "Buy Silver" signal, says this analyst...

IF YOU'VE NOT yet taken our repeated advice to Buy Silver, the market just gave you an extraordinary reason to take action...right now, says Brian Hunt, editor in chief at Stansberry & Associates, in Steve Sjuggerud's Daily Wealth.

Back in mid-October, I wrote about a coming rally in the US Dollar. Bearish bets against the currency were near record levels...and Fed chairman Ben Bernanke was telling the world he was ready to print money to prop up the economy.

Now, when a trade gets extremely popular, it's like a boat's passengers crowding themselves on one side of the ship. It's natural for the ship to tip over and throw them all into the water, then lurch in the opposite direction.

So if you haven't bought silver, go ahead and buy. Sure, it's climbed a lot in the past few months. But as we've seen in the past few weeks, there are incredible forces driving the metal up. As more people flock to "real money", I believe, silver is going to go higher.
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Ginger1 · Dec 9, 2010

Silver may hit new high in short time.

webstandardcss · Dec 9, 2010

Ginger said: ↑

Silver may hit new high in short time.
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Almost $29 now.

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