Home Precious Metals Prices Once silver prices rally to $23, what happens to the industry? –...

Once silver prices rally to $23, what happens to the industry? – Source – Kitco News (01/29/2020)

Should silver prices rally to their fair value to above $20 an ounce, a transformation would take place amongst silver miners, this according to Darren Blasutti, CEO of Americas Gold & Silver.

“I could see [silver prices] headed to $22, $23, and that would be transformational for the silver industry,” Blasutti told Kitco News on the sidelines of the Vancouver Resource Investment Conference.