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EPS100Momentum
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Author has a degree in Engineering and is an avid investor in the market. Experience in industrial materials and structures. In college studied atomic & nuclear physics as well as material engineering. Eastern European
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  • The Street.com article says Silver $30 won't continue. HMMM how many times did we hear that with Gold? 0 comments
    Dec 7, 2010 4:09 PM | about stocks: SGOL, GLD, SIVR, IAU, SLV, SIL, PALL, KOL, CU, COPX, HL, CDE, SSRI, SLW, PAAS, AEM, ABX, GG, AU, EGO, AUY, GOLD, BVN, NGD, GFI
    All the way from $200 to $1,400 we had thousands of articles saying it won't go higher for 9+ years. So it doesn't shock me that we start seeing same type articles saying Silver can't go higher. The top is in, take your profits, etc, etc, the truth of the matter is that it can go higher and will go higher as long as the demand for the metal continues especially in Industrial use.

    $30 Silver Won't Continue
    NEW YORK (TheStreet) -- Rohit Savant, senior commodity analyst at CPM Group, says high silver prices won't continue as investors take profits in the precious metal.
    Tue 12/07/10 13:54 PM EST -- Alix Steel

    Stocks: SGOL, GLD, SIVR, IAU, SLV, SIL, PALL, KOL, CU, COPX, HL, CDE, SSRI, SLW, PAAS, AEM, ABX, GG, AU, EGO, AUY, GOLD, BVN, NGD, GFI
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