If King Dollar is wobbling, silver is your best investment, says Citi
MarketWatch/Barbara Kollmeyer/4-18-2023
‘That brings us to our call of the day from a team of analysts at Citigroup, led by Maximilian J Layton, who see more dollar weakness ahead, which is good news for a shiny asset less often in the spotlight. ‘Silver has already rallied 20% in a short period of time, but we think it has another >10% move in the tank over the coming months to $30/ounce, with our bull case of $34/ounce still a distinct possibility over the next 6 -12 months,’ Layton and the team told clients in a note.”
USAGOLD note: Citigroup jumps aboard the silver bandwagon…“Precious metals and especially silver has near perfect conditions for the ongoing bull market,” it says.