STRIEBRO – frustrujúca, ale dobrá investícia

I have had a lot of enquiries this week about silver. What’s gone wrong? What’s next?

When silver was trading at $13 an ounce late last year, I said we’d see $22-25 by the Spring. We got to $21. Not a bad call. I was hoping for higher. But how typical of silver to frustrate.

I am hugely bullish on the metal in the long-term.

So if you’re going to trade this metal, you need to be nimble, patient, thick-skinned and have nerves of, well, silver-plated steel. If you’re doing it via a spreadbet or a CFD, good luck to you. Alternatively, you could just buy a load of physical and leave sell orders in way above the market and let the price come to you, as it will one day.

For what it’s worth, I see strong support at $15 (and for gold at $850). I would be surprised to see silver go below $15, unless we get another one of those awful days when three banks implode and the world panics. But I would expect to see the $15 mark tested within the not too distant future. If it gets there, back up the truck. On the upside, there is now resistance at $21, but I have $25, $50 and even $100 as targets over the next few years.

Článok: www.moneyweek.com/file/46283/what-next-for-the-silver-price.html

12.05.2008