Investor kit made up of 3 brochures

Get $500 and your FREE investor kit!

American gold eagle coin Request your FREE Precious Metals Investor Kit and we’ll immediately add $500 to your account to help you get started!

The $500 can be used for shipping, insurance charges or IRA custodial fees

Lear does not provide financial advice and is a for profit retailer.
Skip to main content
Back to Top
Speak to a specialist 800-576-9355

Investing Haven: Silver Set to Rise To $30 This Year, But Where is Momentum?

February 15, 2024
Buy Silver, Buy Gold

Article by Investing Haven

A recent physical silver market research report suggests silver to hit $30 in 2024. This seems a very low silver price target considering a silver supply deficit, bullish secular silver chart, silver relative to gold undervaluation.

Should the price of silver not be closer to $50 given the supply deficit?

Market Deficit and Investment Outlook: The silver market is expected to remain in a deficit for the fourth consecutive year. Market expectations of U.S. interest rate cuts and a stronger U.S. dollar could temporarily affect silver investment, but silver’s positive fundamentals should encourage renewed interest once the Fed begins to cut rates.

Silver forecast

What’s certainly interesting is that the report by The Silver Institute did not mention the word ‘silver shortage’ nor did it mention ......

To continue reading this article, click here!

Secure Your Retirement with Gold

Free 2024 Gold Kit
Gold Kit
Lear does not provide financial advice and is a for profit retailer.
We respect your Privacy