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Old 10-20-2011, 10:22 AM   #1
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Cool Silver Bear Market Seen Ending on Europe Crisis: Commodities

Quote :
Silver, the best-performing and most-volatile precious metal of the past year, may rebound from a bear market as investors bet on growth in developing nations and an extended European debt crisis.

The metal may average $38 an ounce this quarter and rise to a record $42 by the final three months of 2012, compared with $31.035 at 5:43 p.m. in Singapore today, according to the median in a Bloomberg survey of 11 analysts. The gains will mean record profit for producers Pan American Silver Corp. (PAA) and Fresnillo Plc (FRES), analyst estimates compiled by Bloomberg show.
...
http://www.bloomberg.com/news/2011-1...mmodities.html

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Old 11-01-2011, 08:20 PM   #2
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Old 11-01-2011, 08:31 PM   #3
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Yeah. I posted them here:

http://www.pmbug.com/forum/f3/silver...ld-76/#post346

I think the key word in the OP was extended. The Greeks appear to be taking that option off the table.
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