How much do you think silver will be in 2012?

Answer 1

Silver will surely reach 1 lakh...... and then it may experience a small dip in 2012 but eventually it is expected to go high.....

Basically, the main reasons behind the increase are one, the global economic recovery and two, the industrialisation and emergence of countries including China, Brazil and India. What was not expected however, was the rate of price increase, rising much more sharply than was widely anticipated. According to RMG, silver´s price will rise by 48.3 percent in 2011. On 10 February 2011 Mines Management (MGN) recorded gains of 12.4 percent to $3.44. On the same day, other stocks went higher, including Pan American Silver (PAAS) and Silver Standard Resources (SSRI).