Scotia Capital Forecasts $35 Silver Price Over Three Years

Mineweb reported that Scotia Capital is tempering its bullish outlook for silver with a price forecast of $35.

As quoted in the market news:

As a result of the aforementioned trends, Scotia Capital’s silver price forecast remains at $35 per ounce for 2012, 2013, and 2014, along with a long-term silver price estimate of $20 per ounce beginning in 2017.

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