Could silver hit $1000 an ounce?
Some industry figures, such as Eric Sprott, have suggested that silver prices in the range of $250 to $500 are "entirely possible" due to a massive, long-term technical deficit where consumption consistently outstrips mining production. Proponents of this view argue that the current gold-silver ratio is artificially distorted by market manipulation and that a significant contraction in this ratio could lead to a parabolic move in silver prices. However, these targets remain extreme outliers compared to standard market analysis.
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