by Smith Mckenna, Bullion Street:
The next few years will likely prove to be exceptionally rewarding for those who invest in silver and other precious metals like gold.
History repeats itself in the precious metals market, said Stephen Smith, the managing member at Smith McKenna LLC.
According to Smith, With major investing assets like stocks and bonds expected to decline with eventual rising interest rates; gold and especially silver are going to increase in value dramatically in what investors like to call a ?boom.?.
The next few years will likely prove to be exceptionally rewarding for those who invest in silver and other precious metals like gold.
The price of gold and silver would be much higher under current market conditions if it weren?t for some strength in the stock and bond sector. Is this bad? No it?s not, especially for first time and long term investors, because right now it is allowing for exceptionally cheap prices for buying and investing in silver.
As traditional investment forms reach their bubble and subsequently fall, including interest rates rebounding and global economic recovery, silver is expected to emerge as the leader ? reaching never before seen highs.
Read More @ BullionStreet.com
Source: http://sgtreport.com/2012/07/for-silver-history-is-all-likely-to-repeat-itself/
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