Silver Bullion Hits New High
Silver bullion hasn’t been in this price range for almost an entire year. Its over an 11 month high and on a tear right now. While gold bullion is up over 18% this year, the poor mans metal, silver bullion, is up over 22% so far this year! A little while ago I told you to watch out for silver because the gold to silver ratio got over that 80-1 level which means that silver was really cheap in terms of gold. China has also had a small recovery in its economy which means that industrial demand for silver may pick up as well. Of course the big bank analysts will tell you to stay away from silver bullion but we’re not buying it over here.
http://money.cnn.com/2016/04/19/investing/silver-price-soars/