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Silver price could 'increase 400pc in three years'

IMG Auteur
Published : November 15th, 2012
113 words - Reading time : less than a minute
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Category : On the Web
Telegraph.co.uk, in its November 13, 2012 article, reports that Silver price could 'increase 400pc in three years'.

Extract :

 

 

 

 

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."

 

 

Read the rest of the article at Telegraph.co.uk
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