As silver sits close to seven-year highs, trader foresees a more than 30% rally
“[Blue Line Capital’s Bill] Baruch, says ‘the charts suggest $26 per ounce could be the next hurdle, a level of resistance stretching to 2011 that could now become support. If it moves past that, he says ‘$30 could be in the cards, too.”
USAGOLD note: We have featured the thinking of Bill Baruch previously on this page (mostly with respect to gold) and he has been remarkably accurate in his predictions thus far. USAGOLD clientele tend to stick with the one-ounce silver bullion coins like those pictured above. The American Eagle and Canadian Maple Leaf are the two biggest volume items.