TSXV:AUN.H - Post by User
Comment by
JonEcashon Feb 28, 2008 10:26pm
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Post# 14569557
RE: silver almost through $20....
RE: silver almost through $20....According to this analyst we are going to $20 and higher....
J$
https://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-23369967.htm
RBC (NYSE:RY) Capital Markets analyst Stephen Walker raised his silver price forecast to $20 an ounce and said he expects the precious metal to track along with gold.
'Our fundamental view on silver remains bullish for the next few years, until we begin to worry about new mine supply from primary silver mines, as well as from byproduct silver from other new gold (TSX:NGD') and base metals mines,' he wrote in a note to clients Wednesday.
Shares of silver miners have been soaring along with the rising silver futures.