Silver

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

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.

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

Here are 6 rules for buying and selling gold, silver and gold palladium the right way. [You'll] not only get the best-possible prices but also [know] how to feel good about the quality of your purchase!

We've put together a list of all 26 analysts who have provided specific forecasts for the price of silver by the end of 2023. Surprisingly, compared to the 7 analysts who forecast specific targets for gold by the end of 2023 (see here), the vast majority (73%) of the silver analysts have already seen their forecasts exceeded, with the distinct possibility that that percentage could rise to 92% by year end.

More and more analysts are forecasting a significant increase in the price of silver over the balance of the decade and below are their projections.

I saw an article recently that says that gold's going to $5,000 based on the Fed easing its interest rate raising cycle. History proves this to be an absolutely false hope. Let me explain.

The balance of data in hand suggests the risk-reward is skewed to the upside, but the risk of a lower low remains in both the metals and miners, especially if 1900 in gold is broken. Jackson Hole could be the trigger.

Silver always has been – and always will be – one of the most important metals in the world. As silver demand increases for technology and industrial applications, its value will follow.