Silver will decline to $13 levels: Nic Brown
Wednesday, July 29, 2015 at 11:00PM
Silver Prices
have fallen faster than in the last one year. Nic Brown, head of commodities research, Natixis, in an email interview discusses the outlook for silver prices with Rajesh Bhayani. Edited excerpts:


Do you see silver prices falling further?


Similar to gold, we expect silver prices to decline further over the coming year. Our forecasts for silver prices anticipate a steady decline to a low of around $13/oz by the end of 2016.


How much can it go down?

Read more......

(We are sticking to our forecast of $12.00/oz, Bob K)

 

We have consistantly warned about the lack of a final capitulation in this bear phase - could this be it?

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Article originally appeared on Silver Prices (http://www.silver-prices.net/).
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