Was reading an RBC Dec2010 analysis of Silver Wheaton today. RBC obviously know a little of what's going on being at the hub of the silver industry and participate in alot of silver-related corporate activity.
While their 12-month price target for Wheaton was $47, it was based on an (upgraded) LT silver price of between $25-28. Gold was $1000-1200. Now banks are obviously somewhat more conservative than your average retail investor but it tells me two things:
- Silver Wheaton is a potentially outstanding stock to hold for silver leverage and their unique business model can function very profitably without $50/ou Ag. Or even $30/ou Ag. If silver reaches $50/ou SLW will be +$100. - Either RBC have some very ordinary analysts or some here are getting a little ahead of themselves.
