MIKE FULJENZ
A number of mainstream investment banks and commodity market analysts see fundamental reasons why silver should be higher – perhaps $17.50 to $18 later in 2019 – even though silver remained mired under $15 in May 2019. Three major banks have issued price projections of $18 for 2019: Bank of America Merrill Lynch, Natixis and ABN AMRO. In addition, the commodity market analysis group Capital Economics predicts $17.50 silver in 2019. Some private firms have predicted even higher prices of $20 and more.