24.02.2012 - Lack of supply will push silver to $50/oz in 24 months: Kingsgate CEO

Silver prices are so low right now that there is a huge room for upside movement, says CEO of Kingsgate Consolidated -Gavin Thomas. Kingsgate Consolidated is an Australia based mining company. “Silver is a fantastic opportunity. I see there’s a lot of upward price (for the metal), because of the lack of supply”, CNBC quoted Gavin who also went on to add that he expected prices to hit $50 within the coming 24 months...............................................Full Article: Source

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