Historical Silver Price

http://www.ibewealth.com. Silver prices hit a new 30-year high, settling at $31.57 an ounce. This was the bullish signal many traders were waiting for and they are now looking at its previous 2010 high of $31.27 as support. Price targets now range from $35 to $45 for 2011. The one thing that silver prices have going for them that gold doesn't is that gold are hoarded but silver is consumed. They are in high demand in the industrial sector, from i Pads to laptops to cars to solar panels, silver is the perfect metal for those wanting a hedge against currency debasement as well as exposure to a global economic recovery. Get the 7 Gold Great Lie eBook on Gold at http://www.ibewealth.com