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Silver’s epic rally “has a lot of room to run this year, with prices potentially reaching $150 an ounce by year-end,” Hao Hong said.
With silver prices proving resilient at these levels, miners are trading at some of the cheapest valuations in their history. These companies are delivering record cash flows with exceptionally high margins. Game on.
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Lunar Silver now available for Model S/X →
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What a move in silver. Game on. We are in a structurally higher metal price environment driven by decades of underinvestment, constrained supply growth, and a global macro environment that continues to favor hard assets. Markets are still very slow to fully appreciate this shift.
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Gold and Silver Miners: Once Capital Black Holes, Now FCF Powerhouses ht @TaviCosta
Citigroup raises silver target price to 150. Spot gold just broke above 5200.
Silver’s epic rally “has a lot of room to run this year, with prices potentially reaching $150 an ounce by year-end,” Hao Hong said.
@mister_x the silver really makes your eyes sparkle tbh @mister_x