I just looked at the silver price again — crazy what’s happening right now. In January, we shot up to over $121 per ounce, then dropped 30% within 24 hours. You don’t see that often. But honestly, I believe the silver price could explode if you look at the fundamentals. Supply has been tight for years, the industry (solar, electric vehicles, AI) needs more and more of it, and physical buyers from Asia are clearing out the warehouses. Sure, a strong dollar is currently holding it back, but long-term, it looks bullish. Some analysts expect over $300 by 2030. Whether the silver price will actually explode depends on the dollar and monetary policy — but the chances are not bad. Those looking to diversify might consider taking a risk, but they should be able to handle the volatility. The past few months have shown: this market is not for the faint of heart.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned