Another somewhat volatile year for Silver, just what we have come to expect, the large short buy J.P. Morgan had a negative impact on the price, however we still see Silver as a good short and long term investment.
My target for the coming year would be $50.00 – $60.00 (Again we could go higher if we see further easing to around $65.00 -$70.00)
.Those who rush to buy gold should not neglect silver. If the present trend continues silver will be the metal people should be watching. We have witnessed the expected increase in the price of silver in 2011 and should continue to see the price climb, whilst being a volatile metal we are seeing the gold/silver ratio returning to what markets consider reasonable levels, it still has some way to go and this makes silver a good investment.
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