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Anthony Neglia: Wait to Buy Silver (SLV, SIVR)

July 12th, 2011

Anthony Neglia, president of Tower Trading, reveals why silver is currently trading more as an industrial metal rather than as a safe haven asset and how he’s handling the volatility. Anthony says that silver wears many hats, and at this time with the slow economy, it is wearing a more industrial hat and Anthony has a target low of $33.

See the full “The Street” interview below:

The Euro’s Demise Has Been Set in Motion: Are you protected?


"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."

CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”

Related ETFs: iShares Silver Trust (NYSE:SLV), ETFS Physical Silver Shares (NYSE:SIVR), SPDR Gold Shares (NYSE:GLD), iShares Gold Trust (NYSE:IAU)

NYSE:GLD, NYSE:IAU, NYSE:SIVR, NYSE:SLV


 

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