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Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

Metals & Mining Industrial Metals & Minerals
Guanajuato Silver Company Ltd. is a precious metals producer engaged in reactivating the past producing silver and gold mines in central Mexico. It produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato. It produces silver, gold, lead, and zinc concentrates from the... see more

TSXV:GSVR - Post Discussion

Guanajuato Silver Company Ltd > Many Believe Silver Will Remain 30+ On Average
View:
Post by ErinBrockovich on Nov 27, 2024 1:57pm

Many Believe Silver Will Remain 30+ On Average

For the reminder of 2024. And into 2025. 

Silver prices in 2025 are predicted to range from $34.70 to $50 per ounce. Some factors that may drive these prices include: 
  • Industrial demand: Silver is used in both industrial and precious applications. 
  • Supply deficit: A potential shortage of silver could contribute to higher prices. 
  • Economic uncertainty: The US economy may enter a recession later in 2023 due to high inflation and interest rates. When this happens, silver and gold prices may increase as they are a preferred store of value. 
Here are some predictions for silver prices in 2025:
  • Investing Cube: Predicts silver will trade between $34 and $50 in 2025. 
  • Robert Kiyosaki: Predicts silver will be trading at $500 by 2025. 
  • AU Bullion Canada: Predicts silver will be $31.41 in 2025. 
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