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Willem Middelkoop, founder of Commodity Discovery Fund, breaks down his outlook for silver, saying that at this point US$200 or even US$300 per ounce is in the cards for the white metal.
‘We’re in the first innings I think of this short squeeze, so it’s not over yet,’ he said.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.