However, there could be a pullback before that happens. Although gold and silver prices are thriving now, Durrett believes a ‘rug pull’ could take gold down to the US$2,350 to US$2,400 per ounce level.
After that happens, gold will be ‘off to the races,’ with silver following. He anticipates gold rising to the US$3,200 to US$3,400 range, while silver could make it anywhere between US$45 and US$65 per ounce.
In closing, Durrett listed his 15 ‘must-own’ silver stocks:
Watch the interview above for more of Durrett’s thoughts on those topics and more. You can also click here to view our Vancouver Resource Investment Conference playlist on YouTube.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.