Silver continued its hot streak this year to top $40 an ounce Friday, hitting its highest level since 1980 and pushing its weekly gain to 7.2%.
Investors priced out of gold are flocking to its lower priced alternative. Silver prices are up 31% for the year, with gold climbing only 3.5%. The impressive price climb has many wondering if this run is over or if silver will soar even higher.
Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined host Stuart Varney on FoxBusiness' "Varney & Co." earlier this week to answer investors' biggest silver question: Will silver hit $50 an ounce this year?
Fitz-Gerald discusses where the silver price path is headed and the best ways for interested investors to get in on the profits.
To watch that video, please click here.
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Gold hits record; silver tops $40 an ounce - Money Morning Videos:
Will Silver Hit $50 an Ounce? - Money Morning News Archive:
Articles by Keith Fitz-Gerald