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The fiscal and monetary disorder will trigger a move into alternative assets, and this metal has the most “explosive” upside potential, said Tavi Costa, Crescat Capital portfolio manager.
“Silver is the cheapest metal on earth. And I will continue to buy it because it doesn’t deserve the sub $30 an ounce price tag. We’re going to see flows of capital coming into the space. It’s a very thin market, and I would expect to see an explosive move to the upside,” Costa told Michelle Makori, editor-in-chief of Kitco News.
The worrying inflation narrative is a large part of the story here as investors start to rotate into tangible assets.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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