Interesting take on historical silver price and what some 'financial advisors' may be thinking about silver, with & without the bonus of QE3 - 3 pages here: http://www.ftadviser.com/2012/09/24...hort-term-oo4LmkaSJlsEAWosUoFfbM/article.html "Overall, the Fed's recent QE3 announcement is an exciting short-term driver, and silver's increasing scarcity of supply and its unique properties which give it a role in the clean energy industry and relevance to emerging market growth certainly make for a tempting long-term investment story. However, silver may have outperformed gold in the past decade, but past performance is, of course, no guide to the future. Ultimately, talk of 'bubble' valuations and the commodity's extreme volatility are likely to see silver fail the due diligence test for most financial advisers for the foreseeable future." [youtube]http://www.youtube.com/watch?v=j2AvU2cfXRk[/youtube]
Financial advisors are clowns. If I'd listened to financial advisors I'd have a million dollars of debt right now. For assets that would be worth less than what I'd have paid.
