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| Above, Niue silver Kong coin at the National Money Show. Photo by Armand Vaquer. |
Here's an interesting (and tantalizing) thought: silver at $100/toz.
That's what one silver commodity CEO thinks might happen. So far, silver has stayed in the twenty dollar range.
If silver does actually reach $100/toz, I'd definitely consider selling.
An article in Investing News Network discusses this.
They begin with:
What’s in store for silver in the future? Keith Neumeyer of First Majestic Silver has said he sees the white metal reaching US$100 per ounce.
The silver price made waves in 2020 when it rose above US$20 per ounce for the first time in four years, and the precious metal has largely stayed above that level since, even reaching US$29.59 in 2021.
The metal has repeatedly tested the high US$20s since, including a high of US$29.59, and passed the US$26 mark again as recently as May of this year. However, it has yet to break through the US$30 mark.
Nonetheless, well-known figure Keith Neumeyer, CEO of First Majestic Silver (TSX:FR,NYSE:AG), has frequently said he believes the white metal could climb even higher, eventually reaching into the triple digits.
To read more, go here.
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