I think a lot of metals analysts are expecting an intermediate top in gold at $4000 and an intermediate top and silver at $50. I'm of the opinion that the rally may go further than that.
Silver is roughly only $2 away from its 1980 and 2011 high. As a reminder, though, those are nominal levels. On inflation-adjusted levels, we have a way to go.
To summarize, it’s a pleasure to report that gold, silver, and mining stocks are in a strong position, currently experiencing their most powerful bull market in recent memory.