2012 Prediction #2: Silver Hits $50 an oz.

Based on the Blacbox transit forecast for the iShares Silver Trust NYSEArca: SLV first-trade horoscope the outlook is bullish for silver as this precious metal gets more and more into the mainstream of investor awareness. The silver marekt is still very small market compared with gold and I predict that we will see more money-flows into that market over the next 6 months.  Therefore $50 is a realistic price target for 2012.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top