There are several different forecasters who are making their silver predictions and the consensus seems that silver prices can eventually hit $400-$500 an ounce. According to Mike Maloney, gold prices will skyrocket first and then once gold hits $3000 to $4000 an ounce, then people will start moving into silver. This will then cause prices of silver and gold coins to go parabolic. It seems as though silver predictions from top forecasters such as Bob Chapman easily see silver reaching $400 an ounce. Find out how to sell gold coins when the time is right. Keep updated on price of gold news.
The crazy part will happen in 2014 when mine grades fall off a cliff, between now and then, it will be a flight to safety. Governments have no choice but to keep printing money.
There is a video on Kitco of a trader that believes we will see delivery shortages hit the media by the end of september. very intersting it also touches base on jpm short
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