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Silver will surge, gold reserves eclipse Euro, and Wheaton Projects major growth
Silver is trading near $36.40 an ounce, up roughly 27% year-to-date, and could be on the verge of a significant breakout. “Silver still has more room to move,” said Randy Smallwood, CEO of Wheaton Precious Metals. “We should see $40 before the end of this year.” Smallwood pointed to a resurgence in investor demand as the next leg higher. “We’re starting to see the silver ETFs pick up. That’s my argument behind silver,” he said. According to the Silver Institute, global silver demand is expected to hit a new record in 2025, led by industrial use in photovoltaics and electronics, as well as a recovery ...