Friday, 17 December 2010

Peak Silver

Silver seems to have peaked at $30 or so.


Low probability of seeing $40 or $50 next year in Silver.


My view is to see Silver at $25.


Low is Silver could be in the range of $8 to $12 in the medium term horizon.


This is my call in the midst of huge bullish sentiment in the market in Silver.


I can see large number of Silver bulls on the horizon.



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