Silver price to hit $130 on way to $1000!!!

“Silver is the only commodity that is not reaching its (historic) highs, and it has reached (those highs) on two separate occasions, back in 1980 and 2011. I think we’re going to see that high breached in the cycle, and when it does, it’s going to wake up the market. Once it breaks through the US$50 level, I think that it’s going to get up to the US$100 level pretty quickly,” said Neumeyer in a May 2021 interview with Kitco.


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, reaching into the triple digits.


Interesting article – any thoughts everyone?
 
https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/silver-in-the-future/

I would love to see Silver Jump to this level, but honestly my fears would be who would buy the physical metal if it does??? I assume after a while and if it stabilized at that level people would return to buying and selling.

I can only say that IF it jumps to a level like $130 per oz than I will not be selling. I will wait and see. I am sure others would do the same.

Silver can't even get to $30 with all the current uncertainty. Neumeyer is turning into the silver Peter Schiff and I don't mean that as a compliment.

I hope it waits a while to go up. I need to get more of it first!

Well-known figure Keith Neumeyer, is probably related to jp morgan lol