Maharrey concluded by emphasizing that fiat currencies are designed to lose value over time. Even the Fed’s two percent inflation target represents purposeful devaluation.
Given that silver actually rallied on a sustained basis for at least 2 years before each of those peaks, we are likely to see silver rally for most of the coming 20 months.
With the price of silver up 25 percent through the first six months of 2025, investment demand has surged. However, U.S. investors have not hopped on the bandwagon – yet.
The inclusion of silver on the list of critical minerals underscores the growing importance of the metal and could signal worries about the lack of domestic supply.
If the outcome is a sharp economic slowdown or recession, Treasury yields will fall significantly, and that would propel gold to $4,000+ and silver to $60+.
