Gold and Silver

Gold and Silver are the "Ultimate Hedge" against Total Global Monetary and Economic Meltdown.

Economic Theme for 2011 - 2012: MELTDOWN. Here is the link to a 4-Part Series "Must See" Documentary.

Monday, February 21, 2011

Silver Short-Squeeze Intensifies

We saw another over a dollar rally in Silver on Monday even though the US market was closed for the President's Day holiday.

At the current pace, Silver's $50 per ounce price is not far around the corner. As the short-squeeze intensifies, and the short-sellers panic or get liquidated, we may see a $3 to $5 daily price rise very soon, as long as key support of $29 - $30 per ounce is not violated on any pullback.
Looks like the bull is winning this one.