What's in store for silver?

I have to say, though I've predicted much higher silver prices over the past year or so, I honestly was not prepared for anything like what we've seen so far.

For the record – and maybe to further cement my status as a hyperinflationist – I'm in the camp of prognosticators who believe we'll see $100+ silver within the next few years. As I wrote last November, silver (and gold) are due to run higher for the simple reason that:

“Paper currency around the world all suffers from the same chronic, debilitating disease: it has no intrinsic value. Eventually, all currencies will go to zero. In such an event, it won't matter how many dollars it will cost to buy an ounce of silver. You'll simply want to hold silver.”

If silver prices keep skyrocketing like they have been over the past 6 months, we'll see $100 silver within a year, and I'd be surprised if silver didn't break $50 by this time next year.

Okay – enough predictions. I believe silver will continue to crush the dollar, stocks and most other assets for the foreseeable future. And I'm currently working on a webinar presentation with my boss and Chief Investment Strategist, Ian Wyatt, as well as Tyler Laundon, one of the top analysts here at Wyatt Research.

Ian is one of the most successful investors I know, and he has an amazing track record as an analyst over the past 12+ years. He and his $100k Portfolio subscribers are currently sitting on gains of 93%, 114% and 57% on unique gold and silver investments.

Tyler and I have worked successfully on several silver and gold investment research reports, and he's spent over $20,000 to develop a very in-depth proprietary model for evaluating silver and gold companies. He's helped Ian add several huge silver and gold winners to the Small Cap Investor Pro portfolio over the past year, including a current 170% gain on Endeavor Silver EXK.

I'm thrilled to sit down and discuss silver with these guys, and I think we'll come up with some very interesting and profitable investment ideas.

If you have any specific questions about silver, or your favorite silver investment, please send them to me at editorial@resourceprospector.

I'll be talking with Ian and Tyler over the next week. We hope to touch on some of the bigger supply and demand trends that drive silver, so we'll be talking about the history of silver, how it's used, where it comes from, and how it's mined. We'll also focus on a few silver companies we like and plan to own for the long term as silver continues to ramp up in price.

If you're interested in silver, I think you'll find this free webinar a valuable resource.

I'll let you know how you can sign up for this presentation (for free) in the coming days.

Good investing,

Kevin McElroy

Editor

Resource Prospector