The Outlook for 2010

1) “In short, 2009 is shaping up to be the key ‘break-out year’ for gold. It will become a ‘break-out year’ because the average investor will start becoming aware of gold and begin buying.” I was expecting a “break-out” year because gold would move into the second stage of its bull market when $1000 was finally hurdled. 2) “I expect silver will again break above $20 this year...Silver is dirt cheap. It’s only a matter of time before it climbs above $30, but if you choose to buy silver, be prepared for the volatility.”

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