Jason Hommel recently wrote a silver stock commentary called " Why Silver's Ready to Double in a Year (And why I bought a lot more silver recently)" for the Silverseek.com conference.

Hommel reports that silver prices have been going up by at least 30% a year in the last few years in line with other metal commodities. He also pointed out the current ratio of silver to gold (50:1, 50 ounces of silver will buy 1 ounce of gold) is way below the historic ratio of 15:1. He therefore predicts that the cost of silver may well double next year due to demand outstripping supply.

For those of us who don't have a stock portfolio, this suggests that silver jewelry might well cost more next year!