Sensational Silver!

Silver has absolutely skyrocketed in price in 2006. As of this afternoon (Wednesday, April 12th), it's trading at $12.73/ounce, up over 35% since the start of the year. The reasons for it?

First, we have the Fed inflating the money supply like crazy, strong fundamentals of high demand and tighter silver supplies, plus anticipation of the new silver Exchange Traded Fund (ETF) on the American Stock Exchange. Carl Lofberg at KultaKeskus.com explains it further: http://www.kultakeskus.com/20060409_silver.htm

Not to mention geopolitical nervousness in Iran, with the mad mullahs proclaiming yesterday they have the ability to enrich uranium: Definitely interesting times we live in...