The Phaserl


Silver: Will it drop to $10/ounce?

by Peter Zihlmann, Silver Seek:

A drop of the silver price to $ 10/ounce is highly unlikely in view of the sharply rising National Debt in the USA but also in Europe.

To quote John Hathaway, manager of one of the most respected gold funds, a sharp rise of the gold and silver price is more likely:

“With gold and silver under continued attack from the mainstream media, John Hathaway warned King World News that we are at the point where global investors will be shocked as gold is quickly re-priced a jaw-dropping $1,000 (about $ 40 / ounce of silver) higher, taking gold and silver to new all-time highs.

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