will soar to a record $50 an ounce in 2021, powered by loose Federal Reserve monetary policy and a weak dollar, and turbocharged by surging demand for the white metal in the solar energy sector. According to the Saxo Bank report, the “usual suspects” will continue to power silver upward, referring to the extraordinary monetary policy we’ve seen in response to the coronavirus pandemic in 2020.
Saxo analysts expect the US dollar to continue to weaken even as the pandemic eases with the rollout of a vaccine next year.
The vaccine has killed the virus, but not killed the debt that is still flushing around the world.”
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