$50 Silver?
A story by Robert Lenzner in Forbes Magazine today outlined the potential for silver to go as high as $50 an ounce in the near future.
With silver on the march from year to date lows of just over $15 an ounce all the way up to recent highs of over $30 an ounce, it's been one of the best performing asset classes of the past year - and even the past decade.
According to Mr. Lenzner 'managed money' accounts which keep recasting their long positions, will gain confidence at the $30 mark and load up."
Mr. Lenzner recommended picking up shares of the usual suspects like the silver ETF iShares silver (NYSE: SLV) and Silver Wheaton (NYSE: SLW).
But Ian Wyatt, the Chief Investment Strategist here at Wyatt Investment Research recommends buying three small silver companies that have yet to grab attention from the mainstream press like the two investments above.
These small companies are sitting on one of the largest deposits of silver ever discovered in a remote area of North America. With every $1 gain in silver's price, their profitability increases by between 5% and 10%.
If you're interested in this undiscovered group of silver companies, read the full story by clicking here now.
