and told how I sold all my Goldcorp and added to my Cardero Resources and Endeavour Silver. Since then both made new highs, but have backed down as of today. I am not at all concerned for either one. The current prices allow you to load up, especially on silver miners, as industrial demand for this noble metal is soaring.
China alone needs to import 120 million ounces, and the newly proposed silver ETF requires 130 million ounces for its start-up. This 250 million ounces is in addition to the other users needs! Where can silver go but up in price, and far faster than gold, which does NOT have as much industrial demand.
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