"The world is not the way they tell you it is"

Friday, 14 December 2007

Welcome

Welcome to Silvers Wizard. A blog to steer you through the volatile price swings of the silver price, so that you are invested at the right time for the big swings up, but 'reduced' on the inevitable corrections.

Why silver ? Barring a hiccup in the early eighties, silver, until the turn of this century, has been in a 500 year bear market from an inflation adjusted price of $806.

I believe that hiccup was the 'beat of the butterflies wing' that will cause a storm in the share price that will last for many years. The tripling in price since the bottom was put in place at $4.50, is merely the lights being dimmed before the main performance.

This is not just a technical perspective, as the last 50 years or so have also been sowing the fundamental seeds that are now starting to grow.

Over the next eight years or so I expect a run at the price of $130 an ounce, for a ten fold increase. Now is the time for the main feature to begin !

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