Could Silver Price Really Hit US$100 per Ounce?

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.