...Some pros and cons, you decide:

Shirley Won, investment funds reporter for the Toronto's Globe & Mail, cites a few of the precious metals market’s most revered analysts in a recent article concerning silver’s price trends and investment potential going forward.

CPM Group’s managing director, Jeffrey Christian, sees the white metal “possibly” reaching $22 an ounce soon and $25 an ounce “over the [next] several months.” But, Christian cautions that the Group expects the prices to “come off a bit . . . to trade at $16 to $22 over the next couple of years.” Meaning, silver may be close to reaching its peak.

Kitco’s Jon Nadler, the senior precious metals analyst gold bugs love to hate, says $23 silver is a possibility. However, he warns that silver plays at this juncture should be regarded as speculative because the market is now seriously “dependent upon investment demand” and demand from ETFs. “Such demand at best is cyclical, fickle and tends to get up and leave when conditions change,” said Nadler.

Won’t take Nadler’s word for it?

Well, no silver buff can ignore the proclamations of David Morgan, oracle voice of The Morgan Report newsletter. The silver guru sees a severe stock market correction coming soon that could push silver prices down. “I am sitting on the sideline now because I am expecting a pullback,” said Morgan. Monday, according to Won, the newsletter writer sold a quarter “of his silver and gold positions that he uses for trading.”