SILVER VIEW FORM GLOBAL ANALYSTS
‘Buying silver under $30 today is like buying it at $5 ten years ago.’
Colin Hayward, Gearology
Silver is a bargain below $30, said Hayward, who’s also president of Gearology, which sells gold- and silver-themed consumer products. “Buying silver under $30 today is like buying it at $5 ten years ago
Silver is ready to finish a dramatic year near the level it started, and some analysts predict big gains, and heavy volatility, for the white metal in 2012.
“Silver went parabolic when it broke above $29 back in March of this year,” said James Carrillo, senior portfolio adviser for Swiss America Trading Corporation. “It fulfilled its parabolic blow off at $50 shortly thereafter and is now testing the break point.”
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