Analysts Foresee Silver Rally

Bloomberg reported that market analysts are bullish and expecting a recovery in the silver market.

As quoted in the market news:

Money managers cut wagers by 68 percent in two months as futures tumbled 22 percent, Commodity Futures Trading Commission data show. Prices will rally to average $35.40 an ounce in the fourth quarter, the third-highest on record, according to the median of 11 analyst estimates compiled by Bloomberg.

Click here to read the full Bloomberg report.