Silver

BMO: Silver Outlook in 2010 & 2011

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BMO Capital Markets predicts silver will average $20 per ounce this year and next, and is expected to decline to $15/oz in 2012…..

James Turk: Silver to Reach $44 in 2010

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Let me cut to the chase as to how I expect 2010 to unfold: a) the decline in the US dollar will put the economy on the edge of hyperinflation, b) the gold/silver ratio will drop to 45 and, if gold hits $2000 as I expect, then silver will be….

A Crucial Number for Silver Owners

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On January 21, 1980, silver’s London fix price was $49.45. It has never been higher. From there, it began a plunge that would take it to a low of $3.5475 at the end of February 1993. That was a plunge of 92.8% in just over 13 years. A 50% retracement of this loss would be around $26. So far, it has not done that. I’m still waiting.

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