Please note - I have no problems with firms making FOREcasts. But that is the point - it is a FOREcast, not an AFTERcast. Anyone could tell you that the average price for the year is going to be higher, AFTER the fact.
Where were these firms a year ago when investors could have actually profited if they had made a FORECAST back then.
The article goes on to state that MS predicts an average price of $31.39 for 2011. Is that gutsy or what?
DJ MARKET TALK: Morgan Stanley Ups Silver 2011 Forecast By 20%
Fri Apr 08 11:31:58 2011 EDT
Article headline courtesy of Dow Jones Newswire.