Silver might have tanked recently but famed City chartist Robin Griffiths thinks it will go up ten-fold in the next few years.
Likewise he thinks gold, which has wobbled of late and currently trades at around $1,500 an ounce, could hit $12,000.
However, investors will have to act quickly. Griffiths thinks the bull market for gold "will all be over by 2015".
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Stints at HSBC and Cazenove have made Griffiths one of the City's best-known technical analysts. He relies on technical analysis of price movements to predict future values.
His approach led him to predict the downturn in 2008, because "they come in cycles". That might sound simple but it was something many in the Square Mile and Wall Street seemed to forget.
Griffiths thinks both gold and silver will benefit from loose monetary policy and 'money printing' in the West. In an interview with King World News, he acknowledged that both markets had been volatile recently but urged investors not to be "wobbled out here because of a few champagne bubbles".
Elaborating, he said: "You want to be able to stay with and add to your long-term holdings. Bulls [bull markets] are very successful at wobbling people out at the wrong time".
As an "absolute minimum" Griffiths thinks gold will hit $3,000 per ounce. How much higher it goes above that "depends on how aggressively paper monies get printed from here on in".
Pointing to the Fed's decision to increase money supply through rounds of quantitative easing, he warned that Ben Bernanke is "trashing the dollar". The result will be that the dollar is no longer "the main reserve currency on the planet".
In the future trade will be "done in mixes of renminbi, rupees and baskets, and the baskets of currencies will need to be weighted by something can't be printed like gold".
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