Is Silver a Buy Again?
Silver has never been an investment for the faint of heart and 2011 has only added to its reputation as a capricious beast. From just over $30 when the year began, it dropped to $27 within a month, then rocketed to over $48 by early spring, only to free-fall to the mid $30s within a couple of weeks. By late summer, silver had worked its way back into the low $40s, but then collapsed again to just over $30 by October. After a push to the mid $30s, silver has now fallen back to the upper $20s, essentially where it…