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September 9, 2010

Silver Prices Are Going A Lot Higher

I think silver prices are going a lot higher, we still need to go up a dollar to take out the March 2008 high. I think silver is going to go ultimately to 50 dollars an ounce, 100 dollars an ounce.

It could happen very fast. It all depends on when you really have a collapse on the dollar.

Related ETF: iShares Silver Trust (ETF) (NYSE:SLV)

Related Stocks: Hecla Mining Company (NYSE:HL), Silver Wheaton Corp. (USA) ( NYSE:SLW), Pan American Silver Corp. (USA) (NASDAQ:PAAS), Coeur d'Alene Mines Corporation (NYSE:CDE), Stillwater Mining Company (NYSE:SWC)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.
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