Silver will extend a rally beyond $40 an ounce in the coming months on tightening physical supplies and growing investment demand, according to Citigroup Inc., which reiterated a more cautious stance on gold.
The financing will allow Silver North to aggressively advance exploration at its high-potential silver projects in the Yukon, including the newly optioned GDR property.
We are creeping closer to the potential for monetary reform previously pointed out. Interestingly, the famous $50 level for silver could represent the risk area for this expected reform.
SG: "The right way to own gold and silver is as actual bullion oz — bars, coins, or rounds that are valued purely for their metal content. Not for collectible value, not for some story."
The super-wealthy have influenced world powers to manipulate the price and supply of silver. The United States has maintained control of the market for nearly a century.
