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Kitco’s Anna Golubova: “Silver is exploding, is $20 an ounce next? Analysts weigh in”

TSI editor’s note: Precious Metals Dealer and News site Kitco just released an article by Anna Golubova who breaks down some of the opinions of financial analysts regarding future prospects for silver. Among the positive factors were the Gold to Silver Ratio, and industrial uses, which contributed to their increasingly sunny opinion about the white metal.

“Some analysts are already eyeing $20 an ounce for silver as the next target to be breached.

RBC Wealth Management managing director George Gero said on Thursday that volatility and higher prices point to a $20.00 silver. “Pandemic, protests, political and economic headlines, North Korea, China, tariffs, stock volatility, upcoming elections all added to reasons investors piled in,” Gero said.”

Continue reading at: https://www.kitco.com/news/2020-07-09/Silver-is-exploding-is-20-an-ounce-next-Analysts-weigh-in.html

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