Silver Dollar Values Prices Skyrocketing Silver Fortifies On Greece's Austerity Actions: $52 by 2013

Feb. 17, 2012 - PRLog -- Because the weekend attracts near, silver traders are pleased with the way silver reacted to the Greek government's austerity actions. Silver prices are remaining constant with reasonable moves upward while most other markets are responding in a flustered-like, chaotic way. Learn more at http://silver-dollar-values.com

Based on a metals analysts with INTL FCStone, Edward Meir, “Most markets are still overextended and may be entering a ‘buy the rumor, sell the news’ type of mode now that the Greek issue is entering its final stages.” Around the other hand, Australian press resources are stating that cash professionals keeping silver, gold, and copper futures and options had elevated their “net long options” last week.

Yesterday, silver prices shut at $33.42 an ounce and prices for March deliveries climbed up an additional sixteen cents to $33.54 per ounce. Because the year trudges on, specialists anticipate silver to carry on its constant climb...By 2013, it's most likely to average about $52.00. For that remainder of 2012, BNP Paribas has approximated silver prices for that 4 quarters of the year: $31.90, $34.95, $39.30, and $43.80, respectively.

Even though silver futures prices shut near Wednesday's session reduced, showing a little bearish, silver bulls “still have the overall near-term technical advantage,” states Jim Wyckoff of Kitco News. Wyckoff also adds: “Bulls’ next upside price breakout objective is closing prices above solid technical resistance at the February high of $34.52 an ounce.” Source: Kitco.com

Now might be the right time for you to purchase silver and purchase gold prior to the prices rise exorbitantly in the next couple of months. Learn more at http://www.silver-dollar-values.com

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