Silver Deal + Market updates
Despite gold prices pulling back from recent record highs reached in April, JPMorgan analysts believe gold could hit $6,000 per ounce by 2029, an 80% increase, if just 0.5% of foreign-held U.S. assets shift into gold. With limited supply, even small increases in demand can drive prices sharply higher. Ongoing geopolitical tensions, inflation, and declining trust in U.S. assets have already pushed gold up over 20% this year with forecasts from JPMorgan and Goldman Sachs pointing to continued gains.
Meanwhile silver, also historically seen as a safe-haven asset, has increased just 10% this year, widening the price gap to gold. Historically gold trades at 40–60 times the price of silver but it’s now near a 100-to-1 ratio. This suggests silver may have room to catch up. Investors are eyeing silver’s potential especially because of its industrial uses and strong long-term demand driven by clean energy. All of this means that a silver rally may be coming soon.
This week, Goldline’s Deal of the Week is a silver special you don’t want to miss:
With every monster box (50 bars) of the 2 ounce MapleFlex silver bars purchased, you will receive three (3) 1 ounce SS Tilawa 2025 Krugerrand silver coins at no additional charge. Please note, this offer does not qualify for IRA purchases.
Call 800-827-4653 to take advantage of the silver deal.
Below you can find news that may be influencing your investment decisions.
