Silver Market in 'Classic Bubble,' Warns Pace 360 Strategist: Expect Sharp Fall

• Amit Goel, Co-founder and Chief Global Strategist at Pace 360, warns the silver market is in a 'classic bubble,' unhinged from reality.
• Goel compares the current silver surge to the 2008 crude oil peak and the 1999-2000 tech bubble, citing extreme market excesses.
• He dismisses ETF flows as a driver, attributing the rise to speculative fervor over China's impending silver export restrictions.
• Goel predicts silver could peak around $90-$100 by February, followed by a 50-60% correction over 1-1.5 years.
• Extreme indicators like the gold-silver ratio drop and high Bloomberg greed factors support his bubble thesis.

Why It Matters: Pace 360 strategist Amit Goel warns silver is in a bubble, predicting a 50-60% fall after its peak.