jeffrey christian of cpm group was interviewed this week, and the podcast can be found here. it's the second hour.

http://www.financialsense.com/fsn/ma...

he believes silver prices will be much higher in the fourth quarter of this year and the first half of next year, which is my feeling as well.

he also makes the point that investment demand is now driving the silver price, and it is not just a plug number to balance the difference between industrial demand and mine supply plus scrap.

although silver is still well down from the 1980 high, he thinks the average yearly price is more representative than the one-time spike to $50. he noted the average price in 1980 was $20.65, and the silver price is now approaching those levels again.