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Silver May Be Twice as Expensive by End 2012

Investing News Network
Feb. 20, 2012 09:07AM PST
Silver Investing

Market Oracle reported that some analysts see silver prices doubling by the end of the year.

Market Oracle reported that some analysts see silver prices doubling by the end of the year.

Analyst Jason Hamlin said:

While we could see one more quick dip below $30, I think any talk of a decline to $25 or lower is now firmly off the table. Silver is currently facing resistance at the critical level of $35. If it breaks to the upside through this level, I believe silver will quickly climb to challenge the $50 mark once again and reach a high between $55 and $65 by year end.

Click here to read the full Market Oracle report.

 

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