Silver just finishest it’s hottest month in the last 22 years – can it go higher from here?
You bet it can.
Silver is like the Little Girl With The Curl – when she’s good, she’s very, very good. I read the funniest description of silver I’ve ever seen this morning, courtesy of our good friend Brian Hunt writing for Growth Stock Wire
If all assets were patients in a mental ward, bonds would be the guy who sits silently in the corner and stares out the window. Stocks would be the guy who wanders the hall and mumbles to himself. Silver would be the guy they keep in the padded room all day…
Silver the metal can be volatile enough, but if you’re up for some real heartburn, check out a silver miner in your neighborhood. One of my personal favs, Silver Wheaton (SLW), has taken at least a few months off my life:
I originally started a position at much higher prices, then rode it all the way down around $3 with my jaw on the floor. Of course I should have used a stop, but I was caught like a deer in headlights. I was fortunate to pull the trigger once again near the lows, and here we sit today.