Robin Griffiths of Cazenove Capital on King World News

When asked about silver specifically, Griffiths stated, “Of course the volatility in silver is absolutely brutal, even when the VIX index is comfortably below 20, the volatility is still large.  Now that the VIX is up at 45, you can expect the price of silver could move 10% in a day and I don’t think it means anything.

Ultimately it will go where gold goes long-term, but at a leveraged rate.  So the prediction now would be for the coming month it may well have some high volatility, but longer-term it would be a buy.  If one could buy into silver at anything in the high 20’s, so $28, $29 area, I think you’re getting some cheap long-term silver.  I think silver is going to go up hundreds of percent from here over time.”

link to interview