Coupla quotes from this article... "Silver has also fallen after yesterdays and last week's sharp rise. However smart, risk averse money sees silver bullion as a buying opportunity at these levels after the recent period of consolidation between $33/oz and $42/oz" "UBS have raised their 3 month forecast for silver sharply from $30/oz to $50/oz. They suggest that investors are too nervous to short gold and may prefer to buy silver instead." "From a contrarian perspective silver remains massively under owned by investors and not known about" Thoughts? Link below. http://www.24hgold.com/english/news...10020&redirect=false&contributor=Mark+O'Byrne
Maybe PMs will follow the trend of crude oil ? Stock markets on PE ratios are looking kind of cheap and once the herd starts moving it will stampede. Recent PM rises are kind of scary so if profit takers press their sell buttons on their computers there will be a SHTF correction until the dust settles.