In this short article we will analyze the parabolic curve shown in the graph to make silver price projections for the next 10 years. While this method of predicting the price of silver does not give us any specific target date, it does support the idea that the price of silver will be measured in hundreds of dollars per ounce within the next 10 years (duration of a secular bull market as discussed above). There were several trends that drove increased demand for silver, including strong demand for consumer electronics amid the transition to remote work, investment in 5G infrastructure, and increased use of silver in the green economy, especially in photovoltaic (PV) solar panels. Although Neumeyer believes that the tie between silver and gold must be broken, the reality is that most of the same factors that shape the price of gold also move silver.
I have compiled silver price predictions from several analysts, both inside and outside the precious metals industry (you can see the current price of silver here). The higher the ratio, the more silver tends to be undervalued relative to gold; the lower the ratio, the more overvalued silver is relative to gold. Most manufacturers use solar cell architectures that require the use of a conductive silver paste, which makes commodity prices for silver a pressing problem in the However, the solar photovoltaic sector's rising demand for silver could receive a boost in the next few years that could support the value of silver in the future.