Can silver prices follow in palladium's footsteps and rise 500% in five years?
From kitco.com
Silver prices have pushed to a fresh 14-year high above $44 an ounce, and while many investors are focused on the all-time high of $50 an ounce, one analyst said this rally is still just in its early stages and there's more than $6 of upside left in the gray metal. In an interview with Kitco News, Shree Kargutkar, Senior Portfolio Manager and silver specialist at Sprott Asset Management, said that another precious metal has already provided a roadmap for where silver prices could go. At the start of 2016, palladium prices were trading around $500 an ounce, and by May 2021 prices had pushed above $3,000 an ounce. ...
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