OPINION: ‘Silver will stun investors by surging above $50 in 2022’

KingWorldNews/James Turk/3-17-2022

“Given silver’s exceptional undervaluation at current prices, it appears to me that 2022 will be the year that silver completes the handle on this chart pattern by doubling in price from here. More importantly, 2022 is setting up to be the year that silver finally breaks above $50 per ounce to join the soaring prices we are seeing in so many other commodities because the dollar is being so badly debased.”

USAGOLD note: Turk’s analysis relies heavily on the gold-silver ratio which is now at 76-1. He believes the time has come for it to outperform gold. “My assessment,” he concludes, “is that both silver and gold are poised to make new record highs this year. And for this week, any pullbacks in price as the Federal Reserve announces its interest rate increase should be viewed as an opportunity to buy physical gold and physical silver.”