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Peter Spina, CEO at GoldSeek.com, highlighted that a bank’s metals team is forecasting a significant rise in silver prices, projecting the metal could reach anywhere between $135 and $309 per ounce before the end of 2026.
The wide price range signals notable market uncertainty and highlights bullish sentiment among some metals analysts regarding silver’s long-term outlook.
Earlier this year, Spina warned of the risks involved in holding precious metals, outlining ten reasons why owning gold and silver could be financially unsound. He has also described the U.S. dollar as a debt-backed IOU note linked to the signature of the so-called King of Debt. Spina’s previous statements suggest a cautious approach toward traditional safe haven assets.