Look at who just predicted the price of silver trade at hundreds of dollars per ounce.

August 10 (King World News) – Jesse Colombo:  Moving on to silver, we can see that it surged $6 per ounce, or 10.50%, over the past week on heavy volume and is now firmly back in its $60 to $70 resistance zone, which formed from the key lows between December and June. This is an excellent development, especially in conjunction with gold’s breakout over the past week.

KING WORLD NEWS NOTE: Colombo Says Silver Now Needs To Break Above $70 To Confirm A Major Trend Change

The next bullish confirmation I would like to see is for silver to push fully above its $60 to $70 resistance zone as well as break above the downtrend line that has been in effect since its late-January peak. Those two developments would confirm a significant change in trend from down to up.

Silver Price Target Is Hundreds Of Dollars Per Ounce
As I have been saying all along and have never doubted, silver is still in a secular bull market that is only about two years old and has at least the better part of a decade left to run, ultimately taking it into the hundreds of dollars per ounce. You can learn more about my outlook in
my recent report.

Gold & Silver Breakout!
To listen to the always brilliant Tavi Costa discuss why gold is surging strongly and what to expect next from gold, silver and the mining stocks
CLICK HERE OR ON THE IMAGE BELOW.

JUST RELEASED!
To listen to Alasdair Macleod discuss the historic upside breakout that just took place in gold, silver and the mining stocks as well as what to expect next CLICK HERE OR ON THE IMAGE BELOW.

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