Many asset classes like stocks and real estate have risen steadily for years on end, in some cases ballooning to nonsensical valuations.
But somehow, one of the world’s most valuable precious metals is still trading at a mere fraction of its all-time-high, set all the way back in the 1980s – prompting Mike to ask, “What gives?”
In today’s video, Mike Maloney sits down with David Morgan to discuss some important calculations for silver’s future price if it went through a similar bubble to the one back in 1980 – and his findings are truly astounding…
“I took the growth of the day in 1980, that silver peaked. And I took the percentage growth rate of all of those other things since that date, and I applied that percentage growth rate to $52.50 [silver’s all-time-high]. And you come out with a total and the average is over $900. I absolutely believe that triple digit silver is baked in the cake…”
Today, silver is less than $25/oz? Could we see silver climb to over $100/oz? Only time will tell…
But one this is for sure – at its current price, Mike says that silver is one of the best opportunities anywhere in the market.
Check out Mike’s video for the full story.