Silver possibly up to $144 in the next 4 months
Current spot price is $46.66. Already up 44 cents in the aftermarket trading.
https://www.jmbullion.com/charts/silver-prices/
Gold has increased in price by $680 over the last 6 months as well. Sitting at $3801 an ounce.
Silver increasing to $144 and ounce would be over a 200% increase from today's spot price. A 200% increase in gold price over the 4 months would put it at $11,390.
Gives new meaning to the Trump term, "Golden age"
President Trump's executive order allowing people to invest their 401k into precious metals starts in February. This could possibly send the metals markets to the moon.
People pulling money out of the stock market to reinvest in precious metals, the stock market could possibly tank. If this happens, it would be a perfect opportunity for Trump to make his move to end the Federal Reserve's control over our monetary system. Refusing to lower interest rates, uncontrolled debt, crashing stock market. Trump will argue the Fed Reserve has failed to live up to its promise to protect our financial system from volatility, which was the Fed Reserves stated function.
"experts" have been predicting every price you can think ($Y) of in X amount of time.
I'm not saying that silver isn't going up. I have a lot of stuff in silver. And, it's certainly NOT 'too late' to get in. But if you are buying silver to get rich quick, you've missed the point.
It's a powerful store of value, and unlike gold, has great potential flexibility for shit hit the fan scenarios, where economy collapses and cash turns to crap.
Silver is booming, and I expect it to continue to do so. But the "Experts predicting $144 an ounce in 4 months" bit isn't necessary or real. Plenty of experts have been predicting the silver explosion 'next year' for decades.
It will rise, but don't hang on what such 'experts' predict. (having listened to these predictions for 3 years now, um, no.)