Telegraph.co.uk, in its November 13, 2012 article, reports that Silver price could 'increase 400pc in three years'.
Extract :
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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."
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