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Silver's Rise ($30+!!)

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Equilibrium View Drop Down
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    Posted: 06 Jan 2011 at 6:27pm
So silver recently rose above $30 but then dipped back below again and currently sits at around $28.80. What do you think will happen next? Is silver set to rise to $50 any time soon, and equal its all time high?

http://www.kitcosilver.com/


Where will it stop?

http://www.ft.com/cms/s/0/c177b1be-9199-11de-879d-00144feabdc0,s01=1.html#axzz1AJREuq6D

Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email ftsales.support@ft.com to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/0/c177b1be-9199-11de-879d-00144feabdc0.html#ixzz1AJRNz8Ub

Silver is enjoying a Goldilocks moment: not too hot, not too cold.

The economic recovery, sooner and stronger than expected, is boosting industrial demand for the metal by sectors such as electronics. At the same time, circumspect investors, still wary about the financial crisis a year after the collapse of Lehman Brothers, continue to buy silver as a cheap proxy for gold

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