'silver Price To 'Increase 400pc In Three Years' Article

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Author	Replies: 4 / Views: 1,474
ant024 Valued Member United States 90 Posts	Posted 11/13/2012 7:53 pm Tuesday, November 13th 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 â€" having hit $50 an ounce in 2011." Mr Williams said that the silver price was more volatile than gold, but that he expected silver to continue to dramatically outperform gold. Report this Post to the Staff

ArrowsAndRays Pillar of the Community United States 1660 Posts	Posted 11/13/2012 8:44 pm So says Mr Ian Williams, who works for a company selling PM based mutual funds. http://charteris.co.uk/ Report this Post to the Staff
Penny4Me Pillar of the Community United States 745 Posts	Posted 11/13/2012 9:13 pm it really does not matter if Silver will increase in value five times over the next three years, the world is supposed to end next month anyways Edited by Penny4Me 11/13/2012 9:13 pm Report this Post to the Staff
ant024 Valued Member United States 90 Posts	Posted 11/13/2012 9:46 pm I was just passing along a article that was interesting. And btw like most fund managers he has equity funds income funds etc as well. Most fund managers have pm funds too The website Silverseek is interesting. Haven't seen anyone post about it. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 11/14/2012 4:45 pm Yes, that article is interesting. Thanks for mentioning it. As to silver rising dramatically in the next 4-5 years... well, yeah, maybe. How has it done in the past 4 years? Pretty well! If it did it once, it can do it again. Only questions are: 1) will it; and 2) when. The Kitco historical chart that I looked at showed silver at about an average price of $16 in 2008. Not sure where $8 is coming from unless that was some sort of very short-term downward price spike. Report this Post to the Staff
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