Silver not all bearish, to hit new highs

By Steve St. Angelo
SRSrocco Report (SilverSeek.com)

The price of silver will hit new highs as an explosion of investment demand will overwhelm supply in the future. This once in a lifetime event will occur not because of bullish rhetoric, technical analysis or brokerage recommendations, but because the fundamentals will finally kick in a major way.

Of course, this realization today may seem like selling ice water to an Eskimo by the silver investor as precious metal sentiment is at a decade low — or even lower. Furthermore, I have heard through the grapevine that even some of the precious metal analysts have thrown in the towel and sold their gold and silver miners for the typical large cap stocks on the S&P and Dow Jones.

This was the very plan by the Fed & member banks from the start. The big “V” correction in the precious metals back in 2008-2009 did not persuade investors from buying gold and silver at severe lows. Matter-a-fact, it actually motivated huge retail buying of physical bullion.

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