An overview of several price projection methods, all of which point to a short-term target of around $50 for silver. In the long run, however, silver is likely to go much higher.
Silver has followed gold higher over the last several days. Worries about Fed independence and some soft economic data contributed to the pivot to safe havens as well.
I believe we are right on the verge of a breakout by silver to new highs that will lead to an intense short squeeze and a dramatic ramp in the price of silver and all silver investments.
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 company announces a non-brokered private placement of up to 3,125,000 units of the Company at $0.40 per Unit for aggregate gross proceeds of up to $1,250,000.