Thu, 23 February 2012
At FSN, we never gloat or say we told you so. However, now we're going to make an exception! Jason Burack of WallStreetForMainStreet.com appeared on the show at the end of January 2012, and he made an extremely great case for higher gold and silver prices. We were in complete agreement with his predictions last month, and are reveling in watching those predictions come to fruition this week. It is now the end of February, and silver's once again broken through $35, and gold's at $1780. These are clearly very nice runs for markets where the naysayers said the bubbles had burst.
Look for some bumps along the road, but this bull has got a lot more mileage left in him. And he's not going to stop until all the negativists have been broken. No, it won't be a straight line up. Naturally, there will be plenty of dips along the way, but that's perfectly normal in a healthy market. Just remember, if the trend is your friend, then this one could your best friend for life (BFF).
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