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Could Silver double in price because of… Apple?

December 12, 2013 in Investing, Precious Metals, Silver

By:   for The Apple Core |

Summary: Resource specialist and editor of Real Asset Returns thinks that Apple’s demand for industrial silver in China could push the price of silver to over $40 in 12 months.

Monday Morning’s Peter Krauth thinks that the price of silver could double over the next 12 months, in part, because of Apple. I took particular interest in Krauth’s article because its the intersection of two topics that I’ve been following for decades: Apple and precious metals.

In addition to my (possibly unhealthy) obsession with Apple, I’ve been a coin collector/Numismatist for even longer. I got my first set of proof coins at age seven and have loved coins ever since. In 1999 the U.S. 50 State Quarters Program in rekindled my love of the hobby and with it a fascination with precious metals, specifically gold and silver. I digress.

Full article at the source>

 

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