By Jason Hamlin:
Excerpt: ” This price forecast simply takes the December 2015 low around $13.50 and multiplies it by 12.5 to get the price target of $169. [As silver moved up 12.5 times from $4 to $50 from 2003 to 2011.] And instead of forecasting 10 years out from today, we use the December 2015 low as the starting point. Thus, the target of $169 is expected to be reached at some point by the end of 2025. “