TradePlacer.com - Gold, Silver, Wine Trading

Login

Password

Forgot Password?
 
  Silver Forecasts: 22 Analysts Now See Silver Going As High As $5,300 (2K Views)  
  Lorimer Wilson on 2021-04-18 14:41:37.0
 
 
Automatically receive the internet's most informative articles bi-weekly via our free bi-weekly Market Intelligence Report newsletter (sample here). Register in the top right hand corner of this page.

Some analysts are forecasting as high as $5,300/ozt. - but a few are suggesting that silver could go considerably lower in price - as low as $5/ozt.. Below are their projections and rationale.

Written by: Lorimer Wilson, Managing Editor of munKNEE.com

1. Goldrunner: $800 - $1,200 by 2025 or so and $5,300 early in the next decade

"My fractal analysis chart work on Silver points to a potential price for Silver of something like $800 to $1,200 a bit later than 2025 and $5,300 early in the next decade based on Gold reaching Jim Sinclair's forecast of $80,500 and using a 1 to 16 ratio of Silver to Gold." (personal email)

2. Keith Neumeyer: $130; and possibly as high as $1,000

?Silver is an extremely critical metal - a strategic metal - and the investment community will figure it out eventually? and, when they do, he believes the white metal could reach the $130 level and, if gold were to hit $10,000, he could see silver at $1,000. Source

3. Hubert Moolman: +$675

?The 70s pattern is very similar to the pattern that currently exists. Therefore, I do not think it is wishful thinking that silver will reach the target of $675 as a minimum.? Continue reading?

4. Egon von Greyerz: $600 to $1,000

"If we assume $10,000 for gold and a gold:silver ratio decline to the historical average of 15, we would see a silver price of $666If we look at silver adjusted for real inflation based on ShadowStatistics, the $50 high in 1980 would equal to $950 today so silver at between $600 and $1,000 is not an unrealistic target.

5. Gary Christenson: $100 in 5-7 years; $500 possible

?Silver prices for the next decade are dependent upon many unknowns but a ?more of the same' financial world suggests silver prices will rise toward $100 in the next 5 ? 7 years. A more aggressive chart interpretation shows prices for silver rallying toward $200 ? $300. Indeed, if the powers-that-be create or can't stop hyper-inflation of the dollar, $500 silver will look inexpensive by the end of the decade.? Continue reading?

6. David Smith: $250 is possible

?[If my forecast of $10,000 gold is realized, as I think it will then] you could see $166 silver, and if…[the gold:silver ratio] drops down to 40:1, which is not out of the question, [you could easily see] $250 silver." Source

7. Mike Maloney: $100-$200 in 5 years

?Investment demand for silver bullion has risen sharply and, with the silver market being so tiny, it doesn't take much investment to have an out-sized impact on its price. Silver is dramatically undervalued and represents a very compelling investment opportunity. My prediction for silver 5 years out is $100-$200.? Source

8. Jason Hamlin: $169 by the end of 2025

?The silver bull has awakened and when silver finally breaks out, the move tends to be very explosive! I think we could see silver climb to $169?by the end of 2025.? Source

9. Nick Giambruno: +$160

?Once the dollar starts to lose its value in earnest?people will panic into precious metals just like they did in the '70s and '80s, and much of that money will make its way into the tiny silver market (roughly 1/10th the size of the gold market). This will cause the price to spike above $160. It's a predictable pattern. Bottom line, the stars are aligned for a silver price spike for the record books and now is the perfect time to get in.? Continue reading?

10. Chris Vermeulen: $90 to $550

?We believe silver will soon…move up to well above $85 per troy ounce. Ultimately, we estimate it will likely top somewhere between $90 and $550.? Continue reading?

11. Lorimer Wilson: +$100

?Every time the gold:silver ratio has reached at least 82:1, it has led to major rallies in the silver market. Today the gold:silver ratio is at 95:1 so it is reasonable to expect a major rally in silver to over $100. Continue reading?

12. Davis Morgan: $100

"Assuming a $4,000 gold price target in two to three years' time, which is roughly a 100% increase from current levels, and assuming a normalization of the gold-silver ratio to 40-1, then silver should be trading at $100 by the time gold doubles in value." Source

13. Gov Capital: $70-$95 in 5 years

?Based on our custom algorithm we predict that silver will range between $70 and $95 in 5 years time.? Source

14. Mark O'Byrne: $50-$100

"It is important investors focus on gold and silver's value as hedging and safe haven assets rather than their nominal price highs in dollars." That being said he believes silver could rise to between $50 and $100. Source

15. Dumb Money: $62

?History does serve as a guide for what's normal and, based on the simple historical average, the price of silver should be about $62."

16. Eric Fry: $35-$50

"When this ballgame ends...silver will be topping $35 and an extra-inning affair would not surprise me, lifting…the silver price to a new all-time high above $50." Source

17. Bank of America: $35-$50

"$35 silver is feasible next year, but…could rally to $50 in the medium-term.? Source

18. Tom Fitzpatrick: $50

"a move back once more towards the $50 area is a very realistic target for Silver- and not necessarily something that will take years to materialize." Source

19. Jim Willie: $35-$50

"…a quick march to the $35 mark, then to $50 in….a few months, not a couple of years." Source

20. Lawrence Williams: $35

"While I still think $50 silver is perhaps just about out of sight, the metal can certainly move up to perhaps $35 or more given the current momentum." Source

21. Kelsey Williams: $5-$10

?Silver, primarily an industrial commodity, is going to come under extreme pressure because of the slowdown in economic activity as a result of the COVID-19 pandemic and is likely headed straight for familiar territory below $10, where it could stay for several year. Indeed, it might even go below $5, though, and last for decades if the economy were to enter a depression (not recession).? Continue reading...

22. Gold Bug: $7

?The economy of China is slowing and U.S GDP growth figures are constantly being revised downward and this does not bode well for silver, because demand for commodities depends on economic growth and if growth falters silver could fall to as low as $7, a level we would have previously found unimaginable.? Continue reading?

Scroll to very bottom of page & add your comments on this article. We want to share what you have to say!

Related Article from the munKNEE Vault:

NEW Gold Forecasts: 61 Analysts See $3,000; $10,000; $20,000 ? Even $50,000 (+10K Views)

More and more analysts are projecting that gold will be going at least as high as $3,000/ozt over the next few years. One analyst even claims that gold will spike at $87,500/ozt.! Below is a revised list of their names and stated rationale for each of their forecasts.

About Lorimer Wilson

Lorimer    Wilson    with    Gold    BarLorimer Wilson is an economic & financial commentator who has written numerous articles on economics, finance, precious metals, and rare earth metals. He is the Editor of munKNEE.com a site that provides a selection of the internet's best finance articles in an edited, reformatted and abridged format to ensure a fast and easy read.

munKNEE.com has joined eResearch.com to provide you with individual company research articles and specific stock recommendations in addition to munKNEE's more general informative articles on the economy, the markets, and gold, silver and cannabis investing.
Check out eResearch. If you like what you see then…

 

The post Silver Forecasts: 22 Analysts Now See Silver Going As High As $5,300 (2K Views) appeared first on munKNEE.com.

 
 
Market Categories Search Symbol Trade Register Other Links FAQ Blog Editorials Charts Contact Us Terms Bookmark and Share Site Meter