Why Silver Could Go Much Higher

Victor Dergunov
Investing Group Leader
(11min)

Summary

  • Silver is highly undervalued relative to gold, with strong industrial demand and a persistent supply deficit supporting a bullish outlook.
  • Current macroeconomic conditions—rising debt, potential rate cuts, and possible QE—create a favorable environment for gold and especially silver.
  • Technically, silver is consolidating and poised for a breakout above $34-35, with the potential to reach $72 or higher in the coming years.
  • Pan American Silver and Hecla Mining are my top silver miner picks, both trading cheaply with significant upside potential, in my view.
  • This idea was discussed in more depth with members of my private investing community, The Financial Prophet. Learn More »

Silver bars 1000 grams pure Silver,business investment and wealth concept.wealth of Silver,3d rendering

Oselote

We often discuss gold, but it's really silver that should be getting a lot more attention here. Silver is an indispensable metal. It's used in almost everything we see and touch on a daily basis.

Whether it's batteries, or

Are You Getting The Returns You Want?

  • Invest alongside the Financial Prophet's All-Weather Portfolio (2024 69% return) and achieve optimal results in any market.
  • The Daily Prophet Report provides crucial information before the opening bell rings each morning.
  • Implement my Covered Call Dividend Plan and earn 50% on some of your investments.

All-Weather Portfolio vs. The S&P 500
Join The Financial Prophet And Become A Better Investor!

Don't Hesitate! Take advantage of the 2-week free trial and receive this limited-time 20% discount with your subscription. Sign up now and start beating the market today! 

This article was written by

Victor Dergunov
51.79K Followers

Hi, I’m Victor Dergunov, MBA, and I’ve been an active investor for over 20 years. My passion for investing started early, and I’ve spent two decades honing strategies that consistently deliver results. Whether it's tech giants like Apple and Tesla or opportunities in commodities and crypto, I provide diversified insights to help you succeed. Join me, and let’s take your investing to the next level.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of PAAS, HL, NEM, B, GDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am long a diversified portfolio with hedges.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About SLV ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on SLV

Related Stocks

SymbolLast Price% Chg
SLV
--
SIVR
--
PSLV
--
XAGUSD:CUR
--
PSLV:CA
--
Compare

Trending Analysis

Trending News