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Now is the time to buy silver

Wednesday, May 18, 2011 13:43
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(Before It's News)

Silver in recent days has been in a downtrend after reaching 49.82 a couple weeks ago. Recently it hit  a low of $32.30, and is now trading at 33.78.

Why is silver a good investment?

1.) The fundamentals are great

2.) We'll see some form of QE3

Now, why is the time now?

- We just broke out of a 2 week down trend.

 

Also, you can see the two lows are higher than each other. That is also bullish.

 

Checkout http://www.stockhawk.net for algorithmically generated signals.

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