Silver’s recent surge is being driven primarily by gold’s powerful bull market, fueled by central bank buying, global debt, and declining confidence in U.S. economic dominance. Don Durrett argues that silver is now transitioning into a true monetary metal, creating competition between investors and industrial users amid ongoing supply deficits. He believes silver is still playing catch-up to gold and could significantly outperform, with potential prices in the $85–$110 range if gold reaches $5,000. While short-term pullbacks are possible, Durrett sees a rising price floor and strong margins for silver miners, making the sector increasingly attractive. He cautions, however, that silver and mining stocks are highly volatile, with regulatory intervention and sharp corrections likely along the way.
Credit to : Liberty and Finance