Gold May Top $6000, Silver $600: Asset Manager

CNBC News reported that some analysts are predicting massive increases in the prices of gold and silver.

The market news is quoted as saying:

Gold and silver currently price at a ratio of around 45:1. However, Gmuer said declining silver output over the last 60 years — as a result of inventory depletion and mine closures — meant silver supplies currently outnumber gold by a ratio of less than 10:1, thus indicating a market correction is due.

To read the full market news, click here.