‘Silver to hit $50 by end of 2012’…(Or Sooner!)

Thursday, August 23, 2012
By Paul Martin

CommodityOnline.com
23 August 2012

Investing in silver ahead of the future outlook for both the global economy and manufacturing sector could prove to be very rewarding.

NEW YORK (Commodity Online): Silver prices likely to reach $50 an ounce and gold prices to bounce back to $1900 levels, said Stephen Smith, managing member of Smith McKenna, LLC.

According to Smith, the precious metal boom that was cut short in 2011 could be making a strong comeback in late 2012 and over the next few years.

The metal to keep a watchful eye on is silver. Analysts and precious metal experts are in harmony on predictions of silver surpassing $50/oz. and gold edging above $1,900/oz by as early as year end.

Investing in silver ahead of the future outlook for both the global economy and manufacturing sector could prove to be very rewarding. 2011 marked the end to a bullish few years which made a lot of people very wealthy.

The Rest…HERE

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