Investors looking to buy silver in 2023 have a variety of factors to consider, including where the metal's price will go and when they can get the best deal. Here's a quick run down of the year so far, and what three experts think could happen. Silver's lowest price so far this year came on March 8, when it briefly dropped under US$20. Since that low, silver has performed strongly against a backdrop of economic uncertainty, including the banking crisis, peaking at a year-to-date high of over US$26 in early May. As of the beginning of August, the silver price was sitting at around US$23.50. In the past few years, the metal has had a pattern of testing the US$26 to US$28 level repeatedly, but has yet to convincingly break past that level, which we just saw again in May. Experts who INN spoke with in recent months shared differing outlooks on where the metal is going this year and whether it can break past that price point. In April, Gareth Soloway said he thinks silver will see a subdued performance this year. While a break above US$30 could be possible, he believes a potential recession will weigh on silver's industrial demand and thus its price as well. John Feneck discussed the topic with INN in May, expressing more optimism about a silver breakout. "I think we're going to get that this year, again within six months. But the big round number to look for is US$30 — when you get to US$30 silver and you break that with some authority, meaning a couple of closes above US$30, it's go time in silver stocks," he said. At the beginning of July, EMA's Larry Lepard told INN his projections for gold and silver, both of which he sees taking off in the future. "I strongly believe that gold will take out US$2,100 (per ounce), and it will rip to US$3,000 when the first hint of the next easing occurs, and I think that's not very far away," he said. "And then of course silver is gold on steroids as we all know — I think silver will go through US$30 (per ounce) easily and then on its way to US$50 and then through US$50."