The Price of Silver : Where is it Heading?

I bought silver a couple years ago when it was hovering around $14-$15/ounce. But if I had additional funds to invest I would still put it in silver. I actually prefer it over gold because I think the upside is greater and it is more easily divisible.

Silver is now the highest it has been in 30 years. But if you adjust for inflation it still has awhile to go before hitting it's all time peek. Adjusted for inflation silver would have to be about $120 per ounce to match it's previous all time high.

Some believe that silver is just now entering stage two of a three stage bull market. Stage two ends when silver hits around $120. Stage three could see the precious metal upwards to $250 or more per ounce. Stage three is shorter lived and more prudent investors may want to sell before getting too comfortable in that stage.

Silver right now is around $24 an ounce and I don't believe it is too late to get in at this price. Physical bullion is a good way to invest. I recommend APMEX as they are the best price.

As with any investment be sure to carefully consider what is right for you.