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Vince Lanci: Citi Loves Silver, Raises Forecast Over $30

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First published at 15:00 UTC on April 19th, 2024.

Arcadia Economics

ArcadiaEconomics

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#VinceLanci: Citi Loves #Silver, Raises Forecast Over $30

Vince Lanci has been cove…

To get US junk silver (pre-1965 dimes and quarters) for only $2.75 over spot, call or email Miles Franklin Precious Metals at:
833-326-4653
[email protected]

#VinceLanci: Citi Loves #Silver, Raises Forecast Over $30

Vince Lanci has been covering the deluge of bank reports that have been upgrading their gold price targets. But today he looks at silver, and a bullish report by Citi that includes an upgrade to over $30 per ounce.

Keep in mind that outside of the spike to $50 in 1980 and the spike to $49 in 2011, silver has not traded above the $30 level, aside from a few hours during the silversqueeze in 2021. So it's a significant level, which has acted like a ceiling in the past few years, with silver trading right up to $30 several times but getting sent lower on each occasion.

To hear the latest from Vince, and what he makes of the report, as well as the latest gold and silver news, click to watch this video now!

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