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Ireland agreed to terms for a bailout over the weekend. And while the
U.S. dollar rallied today against the euro, investors should expect that
trend to reverse in the near future with the dollar continuing its long
term slide against major world currencies.
The European Union’s willingness to support indebted member nations is
bullish for the euro. Also, the Fed’s QE2 will continue to weigh on the
U.S. dollar.
With the U.S. dollar poised to retreat, and buyers stepping in to buy
gold at an important support point, investors are increasingly looking to
renew the rally for precious metals.
Investors should take note that silver prices have outperformed gold
prices this by approximately 35% this year.
One top silver mining stock is as much as 50% undervalued, as earnings
are expected to double in 2011.
To learn how you could make 50% as this $6 stock rallies, and receive
your very own free one ounce Silver American Eagle Coin, valued at
$30.00, click
HERE.