Monday , 6 December 2021

These 29 Analysts See Silver Going Up Dramatically This Decade

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.

An original article by Lorimer Wilson, Managing Editor of munKNEE.com – Your KEY To Making Money!

1. Goldrunner: $800 to $1,200 by 2025; $5,300 by 2030/32

“My fractal analysis chart work on Silver points to a potential price for Silver of something like $800 to $1,200 a bit later than 2025 and $5,300 by the end of this decade or early in the next based on Gold reaching Jim Sinclair’s forecast of $80,500 and using a 1 to 16 ratio of Silver to Gold.” (personal email)

2. Keith Neumeyer: $300 to $1,000

“Silver is an extremely critical metal – a strategic metal – and the investment community will figure it out eventually” and, when they do, he believes the white metal could reach the $130 level and, if gold were to hit $10,000, he could see silver at $1,000. Source

3. Hubert Moolman: +$675

“The 70s pattern is very similar to the pattern that currently exists. Therefore, I do not think it is wishful thinking that silver will reach the target of $675 as a minimum.” Continue reading…

4. Egon von Greyerz: $600 to $1,000

“If we assume $10,000 for gold and a gold:silver ratio decline to the historical average of 15, we would see a silver price of $666…If we look at silver adjusted for real inflation based on ShadowStatistics, the $50 high in 1980 would equal to $950 today so silver at between $600 and $1,000 is not an unrealistic targetContinue reading…

5. Satori Traders: $50 by 2023; $1,350 by 2028

“My long-term forecast for Silver is $600 per ounce.” Source

6. Gary Christenson: $100 to $500 in 5-7 years; +$500 by 2030

“Silver prices for the next decade are dependent upon many unknowns but a ‘more of the same’ financial world suggests silver prices will rise toward $100 in the next 5 – 7 years. A more aggressive chart interpretation shows prices for silver rallying toward $200 – $300. Indeed, if the powers-that-be create or can’t stop hyper-inflation of the dollar, $500 silver will look inexpensive by the end of the decade.”   Continue reading…

7. Peter Krauth: $300+

‘I think silver’s ultimate peak could be $300, and I won’t rule out possibly even higher.” Source

8. David Smith: $166 to $250

“[If my forecast of $10,000 gold is realized, as I think it will then] you could see $166 silver, and if…[the gold:silver ratio] drops down to 40:1, which is not out of the question, [you could easily see] $250 silver.” Source

9. Mike Maloney: $100 to $200 in 5 years

“Investment demand for silver bullion has risen sharply and, with the silver market being so tiny, it doesn’t take much investment to have an out-sized impact on its price. Silver is dramatically undervalued and represents a very compelling investment opportunity. My prediction for silver 5 years out is $100-$200.” Source 

10. Jason Hamlin: $169 by end of 2025

“The silver bull has awakened and when silver finally breaks out, the move tends to be very explosive! I think we could see silver climb to $169…by the end of 2025.″ Source 

11. Nick Giambruno: +160 

“Once the dollar starts to lose its value in earnest…people will panic into precious metals just like they did in the ’70s and ’80s, and much of that money will make its way into the tiny silver market (roughly 1/10th the size of the gold market). This will cause the price to spike above $160. It’s a predictable pattern. Bottom line, the stars are aligned for a silver price spike for the record books and now is the perfect time to get in.” Continue reading…

12. Chris Vermeulen: $90 to $550

“We believe silver will soon…move up to well above $85 per troy ounce. Ultimately, we estimate it will likely top somewhere between $90 and $550.” Continue reading…

13. CoinPriceForecast.com: $84.81 by end of 2020; $100.12 by the end of 2032

“Silver price will hit $30 by the end of 2021 and then $40 by the end of 2023. Silver will rise to $50 within the year of 2024, $60 in 2026, $70 in 2027,   $75 in 2028, $80 in 2029, $90 in 2031 and $100 in 2032.” Source

14. Jeff Clark: $30 in 2021 to +$100 in 5 years

“My most confident prediction is that over the next five years, the silver price is going to increase a minimum of $100.” Source

15. Metals Focus: +$100

“See silver prices pushing “well above” $30 an ounce.

16. Paul Mladjenovic: +$100

“Triple-digit silver—$100 or more—is a possibility in the near future.” Source

17. David Morgan: $100

“Assuming a $4,000 gold price target in two to three years’ time, which is roughly a 100% increase from current levels, and assuming a normalization of the gold-silver ratio to 40-1, then silver should be trading at $100 by the time gold doubles in value.” Source

18. Gov Capital: $70 to $95 in 5 years

“Based on our custom algorithm we predict that silver will range between $70 and $95 in 5 years time.” Source

19. Mark O’Byrne: $50 to $100

“It is important investors focus on gold and silver’s value as hedging and safe haven assets rather than their nominal price highs in dollars.” That being said he believes silver could rise to between $50 and $100. Source

20. Dumb Money: $62

“History does serve as a guide for what’s normal and, based on the simple historical average, the price of silver should be about $62.” Source

21. Andrew Hecht: +$50

“Silver’s consolidation period and tightening price ranges could be the prelude to a new record high above the 1980 $50.36 peak in the COMEX futures market.” Source

22. CPM Group: +$50

“We fully expect silver to hit a new all-time high above $50.”

23. Lorimer Wilson: $40 to $60 by 2025

Every time the gold:silver ratio has reached at least 82:1, it has led to major rallies in the silver market. For example, in mid-2003 the gold:silver ratio peaked at 82:1 and over the next 5 years, silver went up 320%; at the end of 2008 the gold:silver ratio again peaked above 82:1 and, over the next 2 years, silver went up 453%. In early 2020 the gold:silver ratio again topped 82:1 and silver has already gone up by 124% since then so, based on history, silver could easily advance to somewhere between $40 and $60 per troy ounce.

24. Eric Fry: +$50

“When this ballgame ends…silver will be topping $35 and an extra-inning affair would not surprise me, lifting…the silver price to a new all-time high above $50.” Source

25. Bank of America: $35 in 2021; $50 in medium term

“$35 silver is feasible next year, but…could rally to $50 in the medium-term.” Source

26. Tom Fitzpatrick: $50

“A move back once more towards the $50 area is a very realistic target for Silver – and not necessarily something that will take years to materialize.” Source

27. Jim Willie: $50

“A quick march to the $35 mark, then to $50 in….a few months, not a couple of years.” Source

28. Don Durrett: $50

“Once we get over $30, we will run to $35 for one final pause. Then it will be off and running to $50 and an ATH. Get ready. It’s coming.” Source

29. Lawrence Williams: +$35

“While I still think $50 silver is perhaps just about out of sight, the metal can certainly move up to perhaps $35 or more given the current momentum.” Source

 

 

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