12 February 2024
The article discusses the potential for silver prices to reach $30 in 2024, driven by a supply deficit and bullish market fundamentals. Despite the physical silver market’s shortfall and silver being undervalued relative to gold, there’s a strong case to be made that silver is deeply undervalued at its current price. New data from the Silver Institute suggests that considering the historical undervaluation and supply shortages, silver is significantly undervalued, hinting at much higher future prices beyond the conservative estimates.