Silver Prices – Money Morning - Only the News You Can Profit From
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I will believe that when I see it. Pretty much everything they have in the article is what I have heard for the past couple of years.
Silver also might go down
Back when I was in the business, I was mentioned in an article in Barrons. The front page of that issue had two words in HUGE font:
BUY GM.
About a year later, GM filed for bankruptcy protection and people who took that advice lost their investments. The point: Wall Street pundits, analysts, and talking heads are good at one thing: BULL$#!++ing. Investing, and advising others on investing, they suck at.
I am very bullish on copper, palladium and platinum this year. Due to Chinese demand for cars and buildings. Gold and silver there is nothing really going to bring them up in price other than the other metals dragging them up along with them. I dont see any structural changes for gold and silver this year.