Rate cuts are generally beneficial for the physical prices of silver and gold bars, as when rates are lower, it is more profitable to invest in precious metals than in products that can generate interest. Although Neumeyer believes that it is necessary to break the ties between silver and gold, the reality is that most of the same factors that influence the price of gold also affect silver. The higher the ratio, the more undervalued silver tends to be relative to gold; the lower the ratio, the more overvalued silver will be compared to gold. I have gathered silver price predictions from several analysts, both inside and outside the precious metals industry (you can check out the current price of silver here).Although this method of predicting the price of silver does not give us any specific timeline, it does support the idea that the price of silver will be measured in hundreds of dollars per ounce over the next 10 years (the duration of a secular bull market, as mentioned above).
And I'm not talking about the explosive long-term potential of the silver market (think about it, the future lies in electronics, AI and such, and silver is still much cheaper than gold and is also an excellent conductor of electricity), no, I'm referring to the fact that it's often late to join in on the party. The future of silver prices looks promising. With its wide range of uses and its increasing demand from industries such as electronics and AI, it is likely that silver prices will continue to rise. Additionally, with its low cost compared to gold, it is an attractive investment option for those looking to diversify their portfolios. As such, investors should consider investing in silver as a long-term strategy.
