- Messages
- 44,824
- Reaction score
- 7,603
- Points
- 288
Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).
... In an interview with Kitco News, Avi Gilburt, founder of ElliottWaveTrader.net, said that gold and silver are getting ready to rise after a two-year consolidation period. He sees gold prices pushing solidly above $2,000, and said silver could easily double to above $40 an ounce and eventually push back to its all-time highs at $50. ...
...
This past week 1,482 people participated in Kitco News' online survey, asking investors where they see silver prices by the end of the year. On average retail investors see silver prices rising to $38 an ounce.
Sentiment among retail investors is also significantly more bullish than indicated by the headline number. Only 85 participants, roughly 5% of the vote, said they saw silver prices ending 2023 below $23 an ounce.
Meanwhile, nearly 48% of participants expected silver prices to end the year higher than $38 an ounce.
...