First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/05/31/divergences-in-ratios-show-silver-is-undervalued-002749

Last week, Citigroup analysts published a report calling for silver to reach $30 per ounce within 9 months. Could Citigroup be exaggerating or on target? Today's silver spot price is about $23.50 per ounce; so a move to $30.00 would be a 28% jump.