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This interview was filmed on February 16, 2022.
After a lackluster performance in 2021, silver has remained relatively rangebound this year, stuck between about US$22 and US$24 per ounce.
Will that change as 2022 progresses? David H. Smith, senior analyst at the Morgan Report and ambassador for the LODE Digital Silver and Gold Project, believes it’s possible.
“This is the first time I’ve ever gone on record in print … I’m willing to be wrong on this, but I do believe that this year silver has the potential to challenge US$50 — I don’t know if it’ll be successful or not, (but) I think it may,” he said.
#Investing #Mining #Silver
0:00 – Intro
0:23 – Silver could challenge US$50 in 2022
2:23 – Expect more big moves, both up and down
7:44 – Deficit could be “fairly significant” this year
11:12 – No one knows the value of silver today
17:14 – Federal Reserve will be all over the board
21:36 – Look carefully at silver juniors right now
24:33 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
