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Silver


The_Muns

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Here's a silver chart in Australian dollars.

We are looking for a target of $9, sustained for a month, to get MMN digging.

Heading in the right direction again tonight. $8.68 at 10:47pm

The chart will update live.

 

 

http://www.kitconet.com/charts/metals/silver/t24_ag_en_auoz_2.gif

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  • 1 month later...
  • 1 year later...

from the news wires...

 

dont get much in the way of silver articles in the mainstrean news.

 

"Silver vulnerable to move back under $7 as excitement

generated last month by Barclays Global Investors' plan to launch first silver

exchange-traded fund starting to fade, says analyst with Japanese trading house;

adds actual launch date still unknown and may not be until year-end. Silver

little changed at $7.04."

 

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  • 2 months later...

Could reach $50

 

Posted: Mon, 19 Sep 2005

 

[miningmx.com] -- After suffering from a huge supply deficit for more than a decade, silver may be primed for a big rally, CBSMarketWatch.com reports.

 

 

"No other commodity exists in such short supply as silver," said CBS citing Ned Schmidt, editor of the Value View Gold Report, and "silver demand has exceeded production for 15 years now."

 

"As you analyze silver's potential, the fundamentals become powerfully bullish," said Paul Mladjenovic, a New Jersey-based certified financial planner at PM Financial Services.

 

The "chronic silver shortage ... is becoming more acute," he said.

 

Mladjenovic believes that the metal should be trading in the $8 to $10 range in the fourth quarter of this year, or no later than the first quarter of 2006, he said.

 

And "realistically, I expect silver to hit $50 in 2-5 years," CBSMarketWatch.com said, citing Mladjenovic.

 

Hummm interesting facts on Precious Metals....

 

Silver US$/oz 7.3 0.1 1.3889

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  • 6 months later...

Some commentators are suggesting a possible super spike coming in silver?

 

http://www.gold-eagle.com/editorials_05/maund041606.html

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Really moving of late...

post-37-1145438884.png

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In reply to: sabretoothed on Wednesday 19/04/06 07:28pm

yeh i noticed up 40% in like 2 months!!

 

wat do u think is best stock to get leverage to rising silver price..?

 

seems like we're lacking choices in "pure plays" apart from MMN ? anything else worth having a look at?

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