Commodity Trade Mantra

Posts Tagged ‘Paper Silver Contracts’

Silver Prices - The “Five Year Plan” and the Great Leap Forward

Five years ago paper silver contracts on the COMEX hit a multi-decade high over $48 on April 29, 2011. The low occurred at about $13.60 in December of last year, when paper silver prices were down about 70% from their April 2011 high. Silver prices will move upward to $50 and eventually to $100, depending upon the degree of dollar devaluation.

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