Silver’s breakout above $46/oz is significant. Historically, once it clears $35, it often pushes toward $49 or higher. With gold consolidating, silver could now lead the second stage of the precious metals rally. While short-term pullbacks are possible after its big YTD move, long-term fundamentals remain supportive.
I wouldn’t be surprised if silver tests $70–100, especially if the ratio narrows. Volatility will be part of the ride, but that’s silver’s nature. I may have missed gold’s early run, but I don’t want to overlook silver given its momentum and demand story.
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- JohnMitchell·09-29TOPYour analysis beautifully captures silver's potential1Report
- JudithGrant·09-29TOPExciting journey1Report