SILVER MANIA?

SILVER MANIA? The average person in America is still nowhere near the silver market so how could we speak of a bubble or a mania in silver ? This is a gigantic physical buying opportunity , main stream media is telling you that it is now the time to get out , be careful they want to dissuade new investors from entering the market and they want to separate old investors from their positions ...we are no where near a SILVER MANIA or a bubble in the silver market , the rally will just start after the $50 mark....

Still a long term bull on silver

This is a healthy pull-back in silver prices a golden opportunity to buy more silver at these prices , this opportunity is probably never going to come back again...Anthony Neglia, president of Tower Trading, reveals why he's still a long term bull on silver and how he's trading the recent volatility and margin hikes.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver Trade - silver was the most overextended of all the precious metals

Silver backing off a bit. is that going to keep going on? i suspect so. the silver i think was the most overextended of all the precious metals. we're likely to see it weaken relative to gold and i think that's what's important is the gold/silver ratio is likely to go back up again. everybody taking grandma's old tea set and selling it at the pawnshop. how long can that go on? that's a good point. what helped to kill the rally way back in '79 and '80 was an enormous amount of scrap coming into the market. we haven't detected anything like those levels back then. i do think you're going to see a change in the attitude of industry and consumers about handing in old silver items with the prices almost getting to $50 at one point



Jim Steel, chief commodities analyst, HSBC; Peter Beutel, president and author, Cameron Hanover; and Michael Woolfolk, BNY Mellon offer a roundup of commodities and what's likely to happen over the next few months.