JP Morgan Raises Silver Target To $34

June 27, 2024

Gold and silver have sold off over the past week. But while that's happened, JP Morgan has just published a new report recommending to buy the metals on the dip.

JP Morgan has targets of $2,600 for gold and $34 for silver by 2025. And of course they are just one of the many banks that has recently been increasing their gold and silver price forecasts.

So Andy Schectman joins me on the show to talk about the bank coverage that's going out to the institutional funds, new inflation comments by Zoltan Pozsar, and a change in the physical gold and silver premium levels.

To find out the latest in the precious emtals markets, click to watch the video now!

Arcadia Economics

*********

During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.

Silver Phoenix Twitter                 Silver Phoenix on Facebook