Bloomberg: Silver Could Hit $50 By the End of 2012

October 2, 2012 By 11 Comments

Uber silver bulls: The Doc, David Morgan, Bix Weir…and Bloomberg?
The MSM financial outlet has release a report discussing silver’s massively bullish technicals, and why silver could hit $50 by the end of the year.


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Comments

  1. Avatar of palika palika says:
    October 2, 2012 at 10:35 AM

    wow….50 dollars by year end? wasnt that the projection for last year? very fun stuff

  2. Avatar of THORISHERE THORISHERE says:
    October 2, 2012 at 10:44 AM

    Just do it. :P

  3. Avatar of durentu durentu says:
    October 2, 2012 at 11:19 AM

    Looks like the tail end of the bear trap…

    http://steadfastfinances.com/blog/wp-content/uploads/2009/11/Psychology-of-bubbles-plotted-by-investor-psychology-vs-value-Dr.-Rodrigue-Hofstra-university1.gif 

  4. Avatar of I save silver I save silver says:
    October 2, 2012 at 1:09 PM

    Im surprised no article on sd today about the absolute repeated hammering silver has got today on the CRIMEX

  5. Avatar of Plebian Plebian says:
    October 2, 2012 at 1:32 PM

    Condolences to all of our friends over in Hong Kong regarding the tragic ferry boat accident that occurred on 10/1/2012.  38 people have passed away, with scores of others injured.

  6. Avatar of Denaliguide Denaliguide says:
    October 2, 2012 at 2:16 PM

    CandleGlance $SILVER
     
     
    http://www.denaliguidesummit.blogspot.ca/2012/10/the-sum-of-all-fears.html
    Funny Bloomberg is the last to know, LOL

  7. Avatar of MaryB MaryB says:
    October 2, 2012 at 10:55 PM

    Until the cartel runs out of ammo the price is going to be held artificially low. I think that day is approaching because they have been hammering it hard the last 3 weeks and it keeps springing back.

  8. Avatar of XC Skater XC Skater says:
    October 3, 2012 at 1:54 AM

    I didn’t get a word of that. But enjoyed it anyways.

  9. Avatar of Sumkid Sumkid says:
    October 3, 2012 at 10:27 PM

    Silver at 50$ per ounce? Now that’s bull… ish! Everyone since last year said that silver is going to hit soon 50$ per ounce but it didn’t. First in my opinion, I think that silver should hit at least more than 37$ per ounce and then it could do a free run to 50$. Right now, I see silver’s price stable at 34.50$ per ounce.

  10. Avatar of silvermeddler silvermeddler says:
    October 5, 2012 at 1:41 PM

    Do not resist the BloomBorg. You will be assimilated.

  11. Avatar of SilverDuder SilverDuder says:
    November 25, 2012 at 12:44 AM

    very doubtful

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