When you look at what is happening at the end of 2012 the economy is failing badly. No matter what the government keep telling you, the economy is not getting better, in fact its much much worse than that, and I have posted many of my thoughts regarding the economy. The price of gold and silver have done well recently, they always do well (historically) when the economy is struggling as they are seen as a safe haven.
Silver and my silver predictions 2013 might interest you if you are an astute commodity trader.
The look on this kids face below says it all. If you have a look at the chart below the prices of silver have been going up quite significantly. In just the last few weeks silver has gone from $28 to $35. A very solid move! Right now as you read this silver is trading at $34.80 and I think the next target in silver is about $38 .... then we could go even higher!!!
|silver predictions 2013|
Going off the technicals in this chart, we could even see $65 to $70 dollars in silver soon, but will probably have to wait till 2013 for that to happen. Just a guess.
I think the final price of Silver depends also how much more stimulus comes from central banks but I believe they come up with more electronic printing soon! Surprise, surprise! LOL. I also believe that Silver will be charged higher VAT so this is going to be a fun thing to watch also, market my words!
There are my silver predictions 2013, I am not saying we just shoot up from here, but defiantly keep an eye on this little gem in the coming months. The weekly and monthly charts in silver look absolutely AMAZING!
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