https://www.financialsense.com/blog...tian-discusses-buy-signal-silver-2020-outlook At the same time, he notes long term buyers need to reenter the market. Since few of the last generation are big buyers now, after 8 years of negative to static prices and the shift to cryptos, there isn’t much sign of where the new generation of investment buyers are coming from. On the basis of the last 8 years, it is a notably poor choice of investment in terms of bullion, many numismatics. I think it would take a strong uptick in industrial demand from a new use to drive speculation.
Update Original article here from CPM https://www.cpmgroup.com/cpm-group-issues-intermediate-term-silver-buy-recommendation/ “2 December 2019. CPM Group today issued a silver buy recommendation for investors with an intermediate-term investment horizon, which CPM puts as a two- to three-year time horizon. “The silver market is at a critical vertex at present,” CPM Group’s Vice President in charge of Research Rohit Savant said in announcing the buy recommendation. “Silver market fundamentals are precariously similar to the critically poor conditions that existed in 1989. Our expectations are that the market may avoid the long period of net investor silver selling and low prices that followed from that year, however. Prices seem more likely to rise in the years ahead rather that to decline. There are many external as well as internal factors behind our analysis. That said, super bulls will continue to be disappointed by silver.””