Silver Passes $30 Today!!

Posted: December 6, 2010 in Current Events, Investing, Precious Metals, Silver

Silver hits a big milestone of over $30 today.  Readers of this blog are not surprised by this 30 year high.  This $30 target is met with no Hunt Brothers, just good old fashion catalysts everywhere you turn.  This new high will open the eyes of many who are not already in silver.  Keep in mind silver is a smaller market than gold.  When more money enters the silver sector it will explode.  I am going to make a price target of $50 per ounce by this time next year.  If this JP Morgan fraud explodes next year, which every indicator is saying it will explode, $50 will likely be conservative.  This is our time to shine as silver investors.   It is a shame that this massive increase will have a price, fiat currencies will be destroyed, savers are going to feel pain.  Try to pass the word onto your friends and family about silver, before supply dwindles and premiums explode.  We need to protect our loved ones from this increasingly aggressive currency war.

  1. […] things may get wild this week. Now that we closed above $30 more media outlets are picking up on the JP Morgan fraud. We are literaly witnessing history. It is […]

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