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A Crucial Number for Silver Owners

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I consider Chris Weber to be one of the best… His knowledge of silver is impressive, but
he also is quite accomplished in all areas of investing.  In this article he makes a point that
has been made by me on a few Internet radio shows.  What struck me is his methodology is
different — yet we both came up with about the same number. Personally, I have been saying
$25.00 was key based on a very long term chart and a huge scooping bottom formation.

Here is a clip from Chris–

 
By Chris Weber, editor, The Weber Global Opportunities Report
Saturday, January 23, 2010

Six years ago, on January 15, 2004, I officially recommended silver for readers of my Weber Global Opportunities Report.

We’d had silver stocks, and I’d owned silver personally, but I was waiting for silver to fall in order to get in at a better price for the newsletter readers.

We got in at $6.18 per ounce… It soon went to $8 and then fell back to $6, and then climbed back to $8, where it stayed a couple of years before mounting a new rise in 2006.

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