September 08, 2010 at 06:00 AM EDT
Investing in Silver: Three Ways to Profit From the Projected Breakout
It's the last major commodity to enjoy a true price breakout, and it's already doing so in a foreign currency. This commodity has yet to break out in U.S. dollar terms, although its breakout in India is a signal that it's time for U.S. investors to make their move. I'm talking, of course, about silver. Silver is trading at just under $20 an ounce right now. I think it could hit $50 an ounce by the 2012 presidential election, which would represent a 150% move from here. Clearly, the "white metal" can be a major profit center for your portfolio during these uncertain times. Let's look at the strategy that I've put together for you to reap that gain. For a look at the author's detailed silver strategy, please read on...
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