Silver at $36! Looking to Hit $40 in the future.

“Silver is now at $36. Looks like $40 an ounce for silver is a very real possibility in the future.”

Limitgov

Good time to take some off the table and put someplace else like very short to short term bonds or high dividend yield stocks and play the silver with the houses money. Would I take a lot off? NO. but if I am up 100% I would certainly try to cash in 1/4 of the gain. ESPECIALLY IF YOU ARE IN ETFs. If you are playing with real silver then cash in less if any at all.

It’s going up too fast, methinks. Might settle back to $34 soon.

But then, it did go straight from $18 to $24 late last year, and only corrected by a dollar or so.