by Richard Russell
by Richard Russell: It's
Better To Look Up Than Look Down
I've been so
busy moaning about the lagging gold mining stocks that I totally
forgot about the silver stocks. I've been saying repeatedly that
silver is "dirt cheap" but I neglected to look at the
silver stocks that were selling at prices that were cheaper than
why have silver stocks been rocketing higher? Some shrewd operators
must believe that silver is about to make a big move skyward. And
if silver is going to surge, then the silver move should rub off
on gold. One ounce of gold now buys a fat 53.4 ounces of silver.
Silver is still selling on the bargain table, and the silver stocks
were selling below bargain table prices. But look at the
silver stocks now. Something BIG could be brewing. Maybe it's time
to buy GDX and GDXJ or even SLV. Silver, the "forgotten"
commodity, is coming into its own. How do we know that? The silver
stocks are telling us so.
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