Is silver expected to skyrocket?

Rate cuts are generally good for the physical prices of silver and gold ingots, because 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 determine the price of gold also drive silver.

Is silver expected to skyrocket?

Rate cuts are generally good for the physical prices of silver and gold ingots, because 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 determine the price of gold also drive 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've compiled silver price predictions from several analysts, both inside and outside the precious metals industry (you can see the current price of silver here).

While this method of predicting the price of silver doesn't give us any specific deadline, 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 the like, and silver is the best conductor of electricity and is still much cheaper than gold), no, I'm referring to the fact that it's often late to the party.