Interviews & market analysis

Follow SilverTrade

Michael Oliver Raises His Silver Target From $300 To $1,000!

Michael Oliver speaking in an interview; on-screen text reads 'Silver will go berserk: target hiked from $300 to $1,000'

Oliver didn’t come to defend his $300 target. He came to raise it: “I’m going to lift my target… I think silver will go berserk” (1:02). And then the number that made this headline: “It wouldn’t shock me… if you had a $1,000 mark on silver at some point in the next year” (7:42).

Before you scoff, hear the argument, because it’s not a vibe. Pull up a percent-scale chart: lead, zinc, copper, aluminum, gold, basically every metal on the planet trades around FOUR TIMES its 1980 high. Silver? Pennies above its 1980 high (4:50). In 1980 an ounce of silver was about 6.5% of an ounce of gold; today it’s roughly 1.5% (6:38). Oliver’s read: “Silver made a mistake” (5:32), and when markets correct a mistake that old, they do it “with speed that sometimes is shocking” plus “an overshoot of reality” (7:20).

His other tell: the miners-to-gold spread pushing the top of a 12-year range, and “it’s never the case that the miners beat gold in a down market” (22:42). A four-figure silver call is Oliver’s forecast on Oliver’s record, full stop. This interview was published by Commodity Culture; embedded here with attribution, SilverTrade didn’t conduct it.

Silver to $1,000/oz by 2027!?! 

Michael Oliver has MASSIVELY raised his silver price target!

“I’m going to lift my target.  I think silver will go BERSERK!
On the other side of this congestion zone will be something that will DROP JAWS.
So rapid, so quick, that people just won’t understand it.
It wouldn’t shock me if silver hit $1,000 at some point in the next year!”

Disclosure

The SilverTrade Insider publishes market news and interviews with named analysts. Opinions expressed by contributors and interviewees are their own, and they may hold positions in the metals, miners or securities they discuss. Nothing here is investment advice.

SilverTrade is affiliated with SD Bullion, a precious-metals retailer, and SD Depository, a precious-metals storage company. Some contributors hold roles at affiliated companies. See our Editorial Policy.

Share this story

LinkedInEmail

Read next