From Mineweb:Author: Dorothy Kosich
Posted: Thursday , 18 Nov 2010
RENO, NV -
In a presentation Wednesday to the Silver Institute in New York City, GFMS forecast an average silver price of $19.94 this year, a gain of 36% year-on-year.
Despite what currently appears to be a substantial year-end correction in the price, GFMS Chairman Philip Klapwijk said he expects the silver price to trade over $30 per ounce in 2011, "with the annual average likely to easily surpass the current all-time high of $20.98/oz.".....read on
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