Silver update: Citibank's view
A MAJOR INVESTMENT BANK WEIGHS IN ON THE PRICE
As an addendum to my last post on silver, attached is Citibank’s latest commentary. They suggest the silver price may reach $300 per ounce based on historical ratios of the gold price to the silver price (the “gold/silver ratio”).
I regard their commentary as informed speculation. This is not investment advice, merely a data point for your own decision-making. Be careful out there.
HardmoneyJim, January 28. 2025
I believe we are at the point where everybody wants to show just how far they can push the envelope