Hey there. "Silver" would never really be added to the bull list. It is reserved for equities. So if we were to go the silver route it would be through something like PAAS.TO.
I don't put much weight on analyst estimates. They're typically late to the party. Keep in mind, JP Morgan had a $30 target on silver at the start of the year and now sit at $100. The only thing? They were late on all of these upgrades and prices had been absorbed for the most part since.
For decades, the silver market has been dominated by "paper" trading. The banks just traded in theory, never actually exchanging silver. This allowed banks to keep the price suppressed because they could sell more silver than actually existed in their vaults.
So, the math has changed, zero doubt. The fake market has been forced to become a real market.
I believe the easy money here is gone. If you're going to buy silver now, do so with the expectation there will be volatility, and likely not the 150%+ upside we've seen previously.