Sunday, April 1, 2012

Gold and Silver prices to explode in the coming months says Charles Nenner

Gold and Silver prices to explode in the next months says economist Charles Nenner,"The cycle was down into April," Nenner says, but reversed at the beginning of this week, a couple weeks early. "People had to be shaken out," he says in reference to last year's run at all-time highs. "It cannot be that everybody makes money on gold." Nenner is looking at a rise to the $2,500 level in the next 12 to 18 months. And his outlook for silver is even brighter."It's almost time to get bullish again," Nenner says, "about two weeks or so." From there, he's looking for a move to all-time highs, and possibly beyond. Silver is going back to $50 but "that doesn't mean $50 has to be the end." "The small investors get in at the end and then the big guys are selling again," Nenner warns. "That has to change. People have to be educated better."

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