Bali News and Views Editor's Comments:
|Publisher Lawrence Bellefontaine|
As the below article points out silver is looking very bullish.
In fact I recommended it heavily the last few weeks and purchased a substantial amount myself in the $16 to $16.50 price range. Now we are hitting $17.
There are several reasons I am buying now. A current reason is a possible conflict with North Korea which could get out of hand sending precious metals prices soaring.
But first and foremost regards of what happens with N. Korea, and I hope it doesn't, I'm buying because of the long-term fundamental imbalance where supply is not keeping up with demand, especially from new electronics demand for solar cells and even mobile phones.
I also believe that in the near future there may be severe price inflation which is another friend of silver.
So regardless of whether you can buy a $20 silver coin or a $200,000 leveraged portfolio you should be investing in silver.
I do not sell silver so I have nothing to gain from this free advice.
1) Statements and opinions expressed are the opinions of Clive Maund and not of Streetwise Reports or its officers. Clive Maund is wholly responsible for the validity of the statements. Streetwise Reports was not involved in the content preparation. Clive Maund was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.