Silver Snaps Back to $38: The Metal’s 14-Year Comeback Is Turning Heads

Key Points

1. Silver has risen 4.89% in the past month, outperforming gold, which dipped 0.07% in the same period.

2. The metal last reached $38 in March 2011, after previously peaking above $35 in March 1980 and dropping below $14 in March 2020.

3. Analyst Michael Oliver predicts silver could surpass $50, citing market forces and short-squeeze potential.

4. Philip Streible of Blue Line Futures believes silver's time to shine has arrived, given platinum's rise and gold's stability above $3,300.

5. Peter Schiff argues silver is the true standout in today's market, dismissing bitcoin's price peaks as a distraction.