http://www.goldsilverpricestoday.com. Silver is tipped to reach an 31year all time high. Speculation is playing a central role in this. Follow this presentation to find out more about gold and silver prices speculation for 2011.

1. Spot Gold and Silver Prices Speculating on 2011 Prices

2. Understanding what “Spot” means Spot prices simply means instant cash payment for the commodity or metal in the market Spot Gold and Silver prices are heavily influenced by the futures market price of those commodities There are 3 main future markets – London Commodity Exchange, Commodities Market Exchange (COMEX) and the New York Market Exchange (NYMEX)

3. Source of Speculation Several sources, and I will cover only 3 The future markets Industry expert predictions The size of the market especially that of silver.

4. 1. The Futures Market This is where buyers and sellers buy the commodity today for delivery in the future. Spot Gold and silver prices are therefore used to predict how the future trends will look like Very difficult for small time investors or newbies to the game to trade at this level Most people therefore start off by buying small amounts from traders and shops outside this main market.

5. 2. Industry Experts predictions Experts play a crucial role in fuelling speculation For 2011, spot Silver price is being tipped to reach a 31 year high Highest predictions are $45 per ounce Lowest predictions to date is $38 per ounce There are some experts even predicting the 1980’s all time high price of $50 per ounce

6. 3. Size of Market Gold and silver prices are also influenced by the size of the market Smaller markets such as that of Silver are very volatile especially when there is an influx of buyers looking for the commodity Demand for silver is increasing as most people now have Silver in their radar!

7. Conclusion Speculation for gold and silver prices are driven by the futures market, size of market and industry experts. In 2011, Silver is tipped to range between $38/ounce and $45/ounce Such speculative prices actually drive prices in the spot market.