29 August 2024
John Ciampaglia, CEO of Sprott Asset Management, expresses surprise at the current undervaluation of silver compared to gold’s recent all-time high. He believes silver has significant potential for price appreciation, potentially reaching $50 per ounce in the future, despite currently trading below $30. Ciampaglia suggests that silver’s price should increase substantially to align with gold’s performance, highlighting the disconnect between the two precious metals’ valuations in the current market.