Wednesday, January 10, 2018

Silver Is About To Really Take-Off, Levels Last Seen in 2011

Tightening of supply and demand may drive silver prices to $38 an ounce, this according to CPM’s managing director, Jeffrey Christian. Speaking with Daniela Cambone on the sidelines of the San Francisco Gold and Silver Summit, Christian said that by 2023, silver prices could rally to the $38 level. Christian also addresses the debate surrounding silver deficits and whether there is an issue or not.

I'm posting this because it's more realistic than the predictions you see online about silver going to something crazy like $600 an ounce or $1000 an ounce. At around $17 an ounce currently, this does look like a real buying opportunity for silver, considering it could double in price in the next few years.

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