PIMCO's Bill Gross

[Viper_99]

http://seekingalpha.com/article/270032-p...ip-happens

This guy is saying silver still has a huge upside but if it hits $25 he is loading up!

"Would I be surprised to see silver at $25? Nope. But I wouldn't be surprised to see it $50 either. If silver goes back to $25, I'll be loading up."

[Chronic]

(05-29-2012 09:26 PM)Viper_99 Wrote:  http://seekingalpha.com/article/270032-p...ip-happens

This guy is saying silver still has a huge upside but if it hits $25 he is loading up!

"Would I be surprised to see silver at $25? Nope. But I wouldn't be surprised to see it $50 either. If silver goes back to $25, I'll be loading up."

Article is a little old, May 16, 2011.. not that it can't happen. especially now.. But when you think about it and look at Silver at its current price then that of a year earlier we're not in to bad of shape at $28 +/-

[Viper_99]

(05-29-2012 10:04 PM)Chronic Wrote:  

(05-29-2012 09:26 PM)Viper_99 Wrote:  http://seekingalpha.com/article/270032-p...ip-happens

This guy is saying silver still has a huge upside but if it hits $25 he is loading up!

"Would I be surprised to see silver at $25? Nope. But I wouldn't be surprised to see it $50 either. If silver goes back to $25, I'll be loading up."

Article is a little old, May 16, 2011.. not that it can't happen. especially now.. But when you think about it and look at Silver at its current price then that of a year earlier we're not in to bad of shape at $28 +/-

Someone sent me the link and I didn't look at the date, the way the article read I thought for sure it was this month. LOL! Thanks for pointing it out and it is interesting that it could be mistaken for May 2012. His forecast is not the far off for us right now. I would buy again at $25.00.

[JoNYphi]

At current level, even $20.xx is possible. It may take months for silver to touch $50 again.

[ModerateFutures]

Bill Gross is one of the smartest guys in the industry