I've been reading alot about silver over the past couple months and today put 40% of my super into the silver etf. Would have put more but the buggers dont allow it (moron custodians)
So, this is my first silver purchase.
I'm also currently crunching the numbers on whether to cash in on an investment property and go all (6 figs) into silver ( and possibly a bit more into my oiler) and hold for 10 years.
IMHO there is no reason why silver cant reproduce its approx 22% per annum gain over the last 10 years into the following 10 years.
And if not more like 30% over the next 10 years on average.
Im trying to think what will the value of silver be in the year 2020.
Surely a couple hundred bucks an ounce?
Look forward to anyones thoughts on the long term price of silver.
