CPM Group: Silver price could reach $50 again

InvestingNewsNetwork/Georgia Williams

Repost from 5-21-2021

photo of silver coins stacked and in foreground“’We wouldn’t be surprised to see the price go back up and test US$30 or US$32 over the next several months,’ said Christian, who is a managing partner at the firm. He went on to note that market fundamentals have positioned the white metal to potentially surpass its previous US$50 highs, set in 1980 and 2011. However, before that can happen, the metal will hit a relatively modest growth pace in late 2021 or early 2022.”

USAGOLD note:  Christian’s bullish views on silver came in conjunction with CPM Group’s release of its 2021 Silver Yearbook. He sees silver rising sharply in concert with the next financial or economic crisis. The next black swan, he says, may be closer than we think.

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