There have been plenty of Silver Price prediction and the most common theme I have heard is the 600$ price target for an ounce of silver. That would be approximately equal to 13.8 Lakh Indian Rupees per Kg.
Mike Maloney who is famous for his Hidden Secrets of Money series has predicted a 600$ silver based on various economic factors that he was able to gather and compute.
Clif High’s data from when he produced the ALTA reports showed strong language related to 600$ silver during this decade. For those of you who are not familiar with Clif, he is a programmer who created a computer program to predict future events based on current communication on the internet.
Bo Polny who calls himself a cycle’s guy also forecasted a 600$ price prediction when he appeared on Greg Hunter’s show.
And now, Greg Mannarino who is the Robinhood of Wall Street has given his price prediction. Based on what he has analyzed, the Dow Jones industrial average which is above 28000$ at the time of this writing could fall to as low as 4000$ and at that time gold would be double that. At the same time, gold to silver ratio would come down to 1:15 which would put Silver price in the range of 600$ an ounce.
The language of 600$ silver is popping up more and more. However, with silver being at 24$ right now, it seems like a far off dream to have 25x move from here. However, it looks like the free market has started to exert itself and may not be long when we start seeing 1$,2$,5$ moves a day in silver.
