Silver Booming Early in the Week

Silver has got itself out to a good early start this week, looking at $13.50!

We recently reported that a troy ounce of silver moved past $13 for the first time in several months, and were elated. But now that it started the week out with a bang, up nearly 50 cents on early market trading, we’re going to be even happier to report when it hits $14 and ounce again.

We’ll be keeping you up-to-date as to why the sudden bull rush up the money tree is happening. Some think because platinum is creeping up on high demand and lower than expected supply us one reason. Or maybe it’s that the exchange traded fund SLV might be looking to add more shares and more silver to it’s stock piles. Or maybe the world is realizing that having money in something solid, like silver, that holds value, is a good thing.