from King World News
While silver is preparing to blastoff, this is what could send the price of silver hurtling over $30 but this is the key.
February 10 (King World News) – James Turk: I like what I am seeing in the precious metals, Eric, particularly silver. The excitement in silver several days ago has calmed down. Markets can get ahead of themselves when they are too frothy, and that was the case a week or so ago.
Importantly, silver is holding above $26. And I particularly like the fact that the gold/silver ratio remains below 70 near multi-year lows. It is always a good sign when silver is leading the precious metals, and that is what it has been doing since the end of January. Silver is outperforming gold…