Good Day Team,
The above chart and commentary was kindly provided to us by the staff over at 'thebullandbear' and it contains forecasts from many writers for silver and gold prices in 2013 which we think will be of interest to you all. It starts as follows:
GOLD Forecast 2013
Over 30 analysts predict the average, high and low price for the year ahead for gold, silver as accurately as possible. Analysts expect all four metals to increase in price during 2013 by at least 5%, however, they predict that continued uncertainties in the global economy mean that there could be significant volatility in the prices for the metals.
To read this article in full please click here.
As you know we do ask that you read as widely as possible and this is one of the websites that you might like to book mark for future reference.
With gold, silver and Uranium stocks being out of favor one must decide if this is a problem or an opportunity. We have steadfastly refused to buy gold and silver mining stocks for the last two years and as evidenced by the HUI we feel that our decision to hold back has been vindicated. The damage done to the mining sector may not be over yet but this demise is starting to offer up some exciting opportunities in my view.
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