Precious metal analysts affiliated with the London Bullion Market Association (LBMA) were very accurate with their predictions for 2010, and they’re super bullish for 2011. In fact they are so bullish that only one analyst believes any metal is threatened with a decline in average price through this year.
It is perhaps not surprising that silver and palladium are projected to record the greatest gains this year after analysts were caught short in 2010 with comparatively conservative forecasts. The peer group was a full 24% short of the actual average palladium price, and missed the high for the year by a whopping 45%. The miss on silver was 10% and 36% respectively.
| Our basic needs are: Air, Water and Food. |
| Recent Articles : |
No comments:
Post a Comment