Silver is an asset that precious metal investors are often interested in because it is seen as an alternative to gold. Although it has been correlated with gold prices in the recent period, it is said by many experts that it may experience great increases in a long term of 10 years. The biggest pillar of experts is the need for silver in solar panels and other technologies.
SilverStockInvestor editor and author of The Great Silver Bull, Peter Krauth, put forward this thesis for silver and stated that the constraints in supply may have an effect on the price. According to Krauth, the increase in solar panel production in 2023 on the Chinese side may bring along the supply problem. The precious metals expert added that 10-15 years of production adventures may bring the price higher than expected in the face of this supply constraint.
Şant Manukyan, IS Investment International Markets Director In his share on his social media account, he said that a bull formation may occur in the silver price as a technical view.
Experts state that it would not be surprising if precious metals such as gold and silver experience increases both in the short term and in the long term.
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