Target price of silver?

It is a crap shoot, just like the stock market. The idea of precious metals is simply a hedge against volatility of stocks.

In retrospect, when the stock market takes a dive, metals usually skyrocket...during the housing meltdown, gold was nearly 2k and ounce....

Silver at 14 is not bad. The key is to SELL and make a profit, and turn those profits into tangible assets.

I have made a killing in silver occasionally. I bought large sums at 7.50 an ounce, and dumped it at 40.00 an ounce. Better return than the majority of stocks I have ever owned.

Silver and gold in a SHTF is not all that valuable, its real value is as an industrial based commodity, with little or no industry, its value drops. Other than a trade medium, you can't really utilize precious metals if something of an astronomical catastrophe should befall planet Earth.

The precious metals game is relative to your reasoning for getting into it. Be CAREFUL.

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Target price of silver?