http://www.telegraph.co.uk/finance/...r-price-to-increase-400pc-in-three-years.html Silver will increase in value five times over the next three years, according to mixed asset fund manager Ian Williams. "Silver is about to enter a sustained bull market that will take the price from the current level of $32 an ounce to $165 an ounce and we expect this price to be hit at the end of October 2015," he predicted. "This forecast is based entirely using technical & cyclical analysis and is in keeping with the mathematical form displayed so far in the bull run that has taken Silver from $8 an ounce in 2008 to its current price of $32 an ounce having hit $50 an ounce in 2011." Mr Williams said that the silver price was more volatile than gold, but that he expected silver to continue to dramatically outperform gold. The Charteris manager said that macro fundamentals were supportive for the silver price, such as the re-election of President Obama, who supports Ben Bernanke's policy of quantitative easing. Darius McDermott of Chelsea Financial Services agreed that QE means good news for precious metals. "Strong demand for precious metals will remain as long as we have QE, which do well with each round of money printing. QE is bound to lead to inflation at some point and at that time, real assets will do best," he said. "Investing in a fund that holds a range of precious metals gives you positive diversification and less reliance on just gold."
And there-in lies the potential shortfall in this prediction. Technical and cyclical analysis lies in an analysis of the past to predict the future. Unfortunately it might not predict metaphorical once-in-a-blue-moon Iceberg hitting Titanic type financial catastrophes.
Yeah according to the "analysts" back in 2010 we were meant to be at $50 by now, so with silver at $32 they are 64% correct !
I hope not... would make a mess and just my luck i'd be holding it and end up picking my nose with my elbows
Getting tired of all the" silver to the moon next week" and silver will be "500 bucks' next year.Yes I'm winning the lotto soon too. ...............Hey I got a real prediction we will all be pushing up daisy's one day.
+111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 RULE no 1 BUY NOW CRY LATER
