silver is more attractive than gold at the moment. I've been urging my readers to get into silver all year.
Some of them may have even taken a recent hit from the pullback. If that's you, don't fret.
Silver is about to take off again in a very big way.
By this I mean that as silver goes up... and, for reasons I'll outline, I think it must... the price of a good silver stock should rise even faster. For example, if the silver price rises from $15 to $20, you've made 33%. But if you are a silver producer with a production cost of $10 an ounce – your profit margins have just shot up 100%.
The margins quickly become spectacular at triple-figure silver prices.
But triple-figures?
Silver is trading at $35 an ounce right now. Could you really see it top $100 sometime in the near-future? Keep in mind silver doubled in the first three months in 2011, so it's nowhere near beyond the realms of possibility.
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