The silver market presents a distinctly bullish outlook for the new year. In the very short-term, however, silver might still dip below USD 30 for a final flush out of any weak hands.
Skoyles delves into what’s driving the silver market, whether we can expect silver to continue breaking records, and how much of this is influenced by artificial intelligence.
Cortez highlighted seven legislative victories in 2024, where states across the U.S. adopted policies to remove taxes on precious metals and reaffirm gold and silver as legal tender.
If silver holds the $30 support zone, that will break the cartel manipulation of the silver market. Once that happens, $40 is a piece of cake, $45 is likely, and $50 is possible for silver in 2025.
The results confirm the potential of the Jimenez vein, while highlighting both high-grade silver zones and broader mineralized intervals, and expands the exploration potential within the project.
Silver ETFs based in India have experienced remarkable growth since the first one launched just over 2 years ago. Silver holdings exceeded 1,000 tons in August.
