Monday, February 21, 2011

Silver Crosses $34

I recall many experts last year declaring silver was a bubble bursting when it crossed $15.

http://www.zerohedge.com/article/silver-crosses-34

Here was my untampered, recorded prediction last year (in case there is any doubt among new readers of this blog--long-time readers know I've been pounding the table on precious metals generally, and silver specifically):

http://predictionbook.com/predictions/1352

In hindsight, what appeared to be a very aggressive forecast at the time turned out extremely conservative.

See disclaimers in the side bar.

Disclosure:  long physical silver and mining equities.

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