Silver: If You Haven't Bought Yet, Please Read This

The last time I was able to identify a period when a precious metals correction was about over happened two years ago... At that time, gold hit a low of $693 and silver $9.63. Since then, gold has risen over 40%, but silver has soared 158%. This is an extraordinary occurrence in just two years. Two weeks ago, I thought both metals, and especially silver, were due for a rest, and perhaps a correction. Silver reached $24.75 on October 14. I expected a back-off to begin. But so far, we've had very little. Silver briefly touched as low as $23. That is a 7% fall. In the universe of silver, this is nothing. And then the rise resumed. As I wrote this, silver reached a new high of $24.91, surpassing October 14's $24.75.

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