Realistic gold and silver price targets…
https://youtu.be/OPzlYyIij0o?si=L5el8t6Y4FKyDD0z
He’s been very accurate with respect to timing. His recognition that silver has re-tested the level it was at when the Fed starts cutting rates (10-13 months after the first rate cute, which this time started in September 2024) looks spot on. He’s calling for silver $23-28.
$2750 to $2800 for gold also seems like a realistic target and could very well coincide with a retest of the 200 DMA that JRB has been talking about as being a key level to watch for timing silver’s next run.
The next 2-4 months is likely to be frustrating. I will personally be buying silver bullion in June as I will have some extra cash to deploy then and hope to get it under $28.
Who is JRB? We saw sub 28 last night in Silver.
Jordan Roy Byrne. Problem is, gold isn’t anywhere near its 200 DMA. We could bounce in a huge range between now and then.
Jordan Roy? Should have known.