Silver: Cup-and-Handle Formation Signals Explosive Move - Is $40 Likely in 2025?

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Silver: Cup-and-Handle Formation Signals Explosive Move - Is $40 Likely in 2025?
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Commodities Analysis by David I. Kranzler covering: Gold Spot US Dollar, Silver Spot US Dollar, Gold Futures, Silver Futures. Read David I. Kranzler's latest article on Investing.com

is up nearly 4% as I write this. Here’s the title from the September 19th issue: “The Mining Stocks Remain Historically Undervalued.” GDX is up 4% as I write this. Several of the micro-cap, project development stocks that I recommend are up over 20% since mid-September., have potential 10-20x returns ahead of them. I updated Cabral in yesterday’s issue with a couple of imminent catalysts that could trigger a 25% to 35% move in the stock before Christmas.

This view is supported by the fundamental set-up in the silver market. It’s been well circulated that the Silver Institute of America is forecasting a 215 million ounce silver supply/demand deficit for 2024. Several factors will likely increase the size of that deficit in 2025. First, Russia announced in its Draft Federal Budget release that it plans to significantly increase the holdings in precious metals in its State Fund .

Finally, at some point – as occurred in the late 1970’s and again leading up to the 2011 top in silver – the “poor man’s gold” attribute of silver will become a large factor in driving a massive amount of investor money into silver as a cheap substitute for gold. This demand would be coming from the greater public beyond the precious metals “bugs” who have been stacking silver for years.

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