Silver Forecast Divide: Scarcity vs Monetary Policy
The silver market is grappling with divergent price forecasts from top banks, amidst a widening chasm between physical scarcity and monetary policy's corrosive effect.
J.P. Morgan recently reduced its annual forecast to $70.00, while Citi reaffirmed targets of $75.00 for the next three months and $90.00 on a six-to-twelve-month view.
Goldman Sachs projects a range of $85.00 to $100.00 for the annual average.