It is also in line with data from the Silver Institute, which predicts that silver will remain in a global supply deficit in the coming years. Market volatility means that some investors will sell silver to cover losses in other parts of their investment portfolios. Any forward-looking statement regarding the silver price forecast should not be used or interpreted as investment advice. Historically, and compared to other major investment assets, silver would continue to be relatively undervalued at this price level.
In addition to the established industrial uses of silver in the fields of electronics and medicine, silver will also play an important role in the industries of the future. I still have good reason to believe that silver is an undervalued asset compared to other investments.