Silver - We’re Going ’Much Higher’ Than $1,000: Michael Piccioni

Michael Piccioni thinks that not only is $1,000 a realistic price target for silver, but he expects much higher prices than that as the gold silver ratio continues to trend closer to the rate at which it's actually mined at around 10 to 1. Michael points out that as gold keeps climbing and the debt and deficits keep rising, the general public will continue to lose faith in fiat currencies, leading to a staggering gold price that will drag silver along for the ride.

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Disclaimer: Commodity Culture was compensated by CanAm Bullion for producing this interview. Nothing contained in this video is to be construed as investment advice, do your own due diligence.

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