##### silver #####

Could reach $50

Posted: Mon, 19 Sep 2005
[miningmx.com] -- After suffering from a huge supply deficit for more than a decade, silver may be primed for a big rally, CBSMarketWatch.com reports.


"No other commodity exists in such short supply as silver," said CBS citing Ned Schmidt, editor of the Value View Gold Report, and "silver demand has exceeded production for 15 years now."

"As you analyze silver's potential, the fundamentals become powerfully bullish," said Paul Mladjenovic, a New Jersey-based certified financial planner at PM Financial Services.

The "chronic silver shortage ... is becoming more acute," he said.

Mladjenovic believes that the metal should be trading in the $8 to $10 range in the fourth quarter of this year, or no later than the first quarter of 2006, he said.

And "realistically, I expect silver to hit $50 in 2-5 years," CBSMarketWatch.com said, citing Mladjenovic.