Silver Price Surge: Experts Warn of Major Correction, Advise Against Investment

• International silver prices surpassed $100 per ounce, but experts view this rise as speculative and unsustainable.
• Bank of America strategist Michael Widmer suggests the fair price for silver is around $60 per ounce, not fundamentally justified at current levels.
• StoneX analyst Rhona O’Connell warns the current rally is driven by speculation and geopolitical tensions, not genuine demand.
• The narrowing gold-silver ratio (50 ounces of silver per ounce of gold) indicates an unbalanced and dangerously fast performance for silver.
• A continuous supply deficit for five years, coupled with refining capacity issues, contributes to current price volatility, with profit-taking expected soon.

Why It Matters: Experts strongly advise against investing in silver due to speculative rally and impending major price correction.