The Phaserl


Silver’s Rally Could Mean Another 1,000% Run

by Peter Krauth,

Let’s face it, 2013 was rough on silver.

The precious metal started out the year at $31, and ended at $19.50, continuing an overall slump dating back roughly to mid-2011.

That, however, obscures a massive run, like gold, that silver embarked on in 2001 when it was near $4, eventually topping out around $49 in April 2011. At its peak it generated a return of 1,091%.

Heading into 2014, I’ve pinpointed a number of key drivers – some often missed – that say silver may be poised for another spectacular run…

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2 comments to Silver’s Rally Could Mean Another 1,000% Run

  • andrew james

    A thousand percent. Yes sir E. That’s why I stack. We’re probably going to have to wait a little while longer though. I’m praying for low prices.

  • Ed_B

    2013 was a rough year for anyone who wanted to sell some or all of their silver stack, no doubt. But those who are happily converting fiat into silver and perhaps gold as well, saw 2013 as a VERY good year to be building their stack. The chance to buy silver and gold at prices that are at and even below the cost of production is a tremendous gift, not to be taken lightly. Those of us who buy silver and gold on a routine basis are able to buy more than we could have had prices remained high. In fact, with silver at $40 an oz. or more, a lot of us probably would not have been able to buy much, if any, silver and most certainly no gold at all.

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