Investment of Lifetime

Friday, April 8, 2011

Silver hits $40 mark

Reasons of going up
  • Demand Supply mismatch. Investor and industrial demand at its peak.
  • Silver reserve just at 6 months demand.
  • All informed investors / HNI holding long positions.
  • Cost of mining has increased.
  • JP Morgan has 100 times Shorts to cover then the available stock of silver. They will have to cover up their shorts or go broke and this will drive prices high.

What Next
        Keep holding Physical delivery of Silver and keep adding on dips.

                       The Golden advice  - Buy Physical Silver :)

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