Sunday, September 19, 2010

Is Silver The Next Gold?

By Abigail F. Doolittle: With gold hitting a historic high this past Tuesday only to have it taken out yesterday, I thought it might be timely to take a look at another precious metal on the move: silver.

Specifically, do the charts and the basic fundamentals support the sense that silver is set to continue its recent run as well? And perhaps more tantalizing, is there any evidence that points to the idea that silver can take out its more than thirty-year-old record high of roughly $50 per ounce?

Based on a scrubbing of the charts and the fundamentals, I am more inclined than not to believe that silver's future may look like on

No comments:

Post a Comment