this is from an interview with david morgan:

It turns out that Mr. Morgan's long-term forecasts have changed little. But in the short term, he thinks we may see something new. "Going into the fall and into the next year, I expect to see much more strength in the markets, once we get past what I think will be a spike low in the next couple of months," said Mr. Morgan in a phone interview Wednesday. "I may be wrong on that call," he caveated, "but I'll be writing more about that in The Morgan Report this month."

In the long run, however, Mr. Morgan expects that once gold breaches the $1,000 level and remains there for several trading days, it will be time to look for the next level in silver. "I'm expecting to see around the $1,250, $1,300 level in gold," he said. "Silver may be lagging at that point - somewhere in the $15-$17 range - but once gold goes through it, it will have a magnet effect for silver. You'll see silver reach the $21 high it experienced last year and move upward."

For Mr. Morgan, silver's key price level is $25/oz. "That is the point where I think you're going to see an acceleration in the price of silver, because for all practical purposes, everyone that's held silver and owns it at $25/oz is going to have it at profit. "When markets go into a profitable scenario - especially in a thin market like silver - everyone asks the question, 'How high is high?' So you have very few sellers, and they are all holding or buying more. That puts more upward pressure on the metal. I think we're going to get to that scenario sometime in 2010," he said.

http://seekingalpha.com/article/158833-where-does-silver-go-next