SILVER: THE NOISE IS DEAFENING!
AUGUST 8, 2013
The weak prices for silver and gold during the past three years are a correction to the massive run-up in prices from October 2008 – mid 2011. During that time silver increased from a low of $8.53 to a high of nearly $50. Gold increased from a low under $700 to a high over $1,900. They have been correcting since then. The correction is, I expect, over – FINALLY.
Ignore the noise! The signal is clear: M2 will continue to increase and consequently so will prices for most everything you NEED.