Wednesday, August 29, 2012

Silver Price Projection – for 2013 [by Deviant Investor on August 27th, 2012

Silver Price Projection – for 2013

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Conclusion

An objective and reasonable estimate for the price of silver at the next intermediate peak (estimating 2013 – Quarter 2) is $50 to $60 per ounce(current price is about $28). This is not a prediction based on wishful thinking and hope, but a best estimate based on rational analysis of data stretching back to 1975. The actual price for silver at its next peak could be higher or lower, and the peak might be earlier or later, but this price range and approximate time is, by this analysis, the most probable.

For more on silver [XAG] investing, check out silverreport.blogspot.com

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