As other posters state - there are huge Silver plays overseas.
However;
** With the global Sovereign Debt issue increasing Sovereign Risk.
** + currency turmoil threat of fiat paper devaluation/revaluation.
** + real estate jitters overseas ie Eurozone & US.
Where is a safe-place then??
If panic sets in then perhaps everyone will stampede for precious metals...
In 2009, China urged their citizens to buy PMs, especially silver..
http://agmetalminer.com/2009/09/08/china-urges-citizens-to-buy-silver-and-gold/
October 2010, Viet Nam opens its first gold vending machine in Hanoi....
http://www.ibtimes.com/articles/70485/20101011/vietnam-opens-first-gold-atm.htm?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ibtimes%2Fcompanies+%28IBTimes.com+RSS+Feed+-+Companies%29
If gold is beyond their reach, then silver makes a great bridesmaid...
Some pundits reckon that gold "will" go beyond $2000 per oz.
What price silver then??? SVL is local and looks very attractive...
cheers
best pure silver play, page-57
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10.5¢ |
Change
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Mkt cap ! $158.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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