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  • Silver Prices Strong over the last 30 days

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    January 24th, 2012mwatsonMoney and Finance, money

    Silver Prices are looking great like I expected.  In the last 30 days we are way up and trading over $32 an ounce today.  The low for the last 30 days was $27.15.  That’s a pretty good return.  I still anticipate seeing $34-$35 shortly on the price of silver.  It’s my opinion there is money to be made in silver in 2012.  I think people buying now will have a good chance to sell for a decent profit later in the year.  If your going to invest in Silver or any other precious metal, pick a spot that you will sell at and pick a spot that if the markets has a landslide that you may want to get out at and cut your loses.  For me I am a long term investor, so even on a large slide I would personally hold, for example if I bought some silver today and it slid back to $29 an ounce I wouldn’t worry about it much.  I also like to make 10% so if I’m in at $32 I would sell if it hits around the $36 an ounce mark.  You can get a great deal with low above spot on both Silver bullion and silver coins at SilverGoldBull.com.

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