Silver's advance has been "spectacular," Killir Capital exec says - gold

And gold's going to $1,725 on more stimulus from global central banks, Jeff Kilburg predicts

"It's been a spectacular move" for silver, Killir Capital chief Jeff Kilburg tells CNBC in an Aug. 24 appearance.

"Of all the precious metals, silver has been shining. They may drop the 'poor man's gold' hashtag after this week. From Monday's low of $27.87 to yesterday's high of $30.79, easily a 10% move. And right now we settled above the 200-day moving average. I think there's more room to the upside."

On gold: "Gold, like you said, [is] above its 200-day moving average. Technically, I see it going up to $1,725 because we're not going to get an exact coordinated global [easing] event here [from the central banks] measure-wise, but we're going to see a couple punches coming out of China, out of the [European Central Bank]. It's going to be in the next couple months. So there's high emotion, and gold is going higher, and I think you have to use that 200-day moving average, which was resistance, now is support in gold."

Watch Video

Source: http://www.blanchardonline.com/investing-news-blog/econ.php?article=4767

ann romney tupac hologram tupac back tax deadline death race buffet rule carlos santana