Silver

Eric Sprott, co-founder of Sprott Money, shared his insights into the gold and silver markets, predicting that gold could reach $3,000 per ounce and silver $50 by year-end. While gold has recently hit record highs, silver has lagged behind despite a 20% supply shortage. Sprott remains optimistic about undervalued gold and silver stocks like Discovery Silver and Free Gold Ventures. He also highlights silver's rising demand, driven by sectors like electric vehicles and new technologies. Sprott emphasizes the importance of staying informed, as global market shifts and government actions will significantly impact the precious metals landscape.

The best time to invest is often when sentiment is at its lowest, and sentiment around gold and silver equities is pretty low right now. History, however, tells us that this could be the perfect time to buy.

Silver is on the verge of commencing a massive unprecedented bull market which will “officially” kick off with it breaking above the key $30 level...and this could happen very soon. Gold’s massive unprecedented bull market has already begun and where gold leads, silver will follow.

Is the current U.S. stock market, and global economy, approaching a Minsky Moment? If so, how would precious metals such as gold and silver react in the aftermath of such a collapse?

On Monday, major U.S. stock indexes experienced their most significant decline since 2022. The S&P 500 fell by approximately 3%, while the NASDAQ dropped over 6%. As investors navigate through the current financial turbulence, attention is increasingly turning towards assets that can provide stability amidst uncertainty. Silver, historically known as a safe haven during economic downturns, is garnering interest due to its potential to hedge against market volatility.

This article investigates how global mining companies, traditionally known for other metals, are strategically positioned to capitalize on rising silver prices. It highlights the significant yet often overlooked role these firms play in the silver industry, beyond their primary metal focus. We examine key players like Fresnillo, KGHM, and Southern Copper, revealing their contributions to the silver market.

The gold-silver ratio tells you how many ounces of silver it takes to buy one ounce of gold given the current spot price of both metals and, as such, we can look at historical trends and draw conclusions about the prices of both metals.

The general consensus is that precious metals will continue to thrive over a longer horizon. Here's why.

Silver is currently greatly undervalued relative to its average long-term historical relationship with gold and, as such, it is realistic to expect that silver will eventually escalate dramatically in price. How much? This article applies the historical gold:silver ratios to come up with a range of prices based on specific price levels for gold being reached.

...It’s not unreasonable that gold and silver (along with platinum) are often lumped together in the precious metal basket...but it’s important to distinguish between silver and gold rather than assume that the two metals are interchangeable. Words: 385