Silver Editorials & Commentary

These weekly commentaries have struggled to make sense of a world in geopolitical chaos but which is nonetheless transfixed by a financial melt-up that cannot end other than disastrously.

Smart investors are not worried about the silver crash and its current malaise because they know that there's an absolute floor at $50 to $55 and that silver over the next two or three years has a high probability of working its way back above $100 an ounce and to a...

Our cycle indicator is down. Trend is down. Correction in progress.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is up. Cycle is down. New high as expected, but should see a sharp pullback soon.

If you have been following this research for any length of time, the structural deficit in silver needs no introduction. Five consecutive years of documented shortfall, now entering a sixth.

Not every setup makes it into the free section, but when the market does something interesting enough…it’s worth bringing it out here too. Two days ago, inside the premium side, we broke down Bitcoin right as the price was pushing into a key resistance zone, and the...

Today, gasoline prices exploded to another a new high for the year, coming in at a national average of $4.23 per gallon, which looks enviably cheap compared to where I live in the liberally taxed Northwest.

In a white paper by State Street Investments, they show a structural shift to a policy-driven global order is embedding inflation, breaking traditional portfolios, and forcing investors to reposition towards resilience and real assets like gold as geopolitics...

There's been a lot of talk about how the COMEX silver contract could default during the May delivery cycle, which is really close to getting underway. But will that actually happen?

Is there a tokenized investment in your future? With so many white elephants to unload, Wall Street’s rep could come calling on you at any time. He will offer you a virtual piece of America’s future, claiming it will grow wealth for your children and grandchildren....

Well, it seems being a silver bug could be going mainstream. As we reported previously at Money Metals, Bank of America released an eye-popping silver forecast, saying the price could land anywhere between $135 to $309 by the end of this year.

Silver is on a long term BUY signal. Cycle is down. Trend is down. Correction continues.

Bank of America recently released an eye-popping silver forecast, saying the price could land anywhere between $135 to $309 by the end of the year. You’ll note that even the low end of that forecast would represent a 75 percent gain from the current level.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is up. Cycle is up. New high as expected, but should see a sharp pullback soon.

Silver has proven remarkably resilient in recent months.  After rocketing parabolic in late January, silver had largely finished another boom-bubble-burst-bust cycle.  While the initial three stages were textbook-perfect, silver has since defied a classic bust. ...

In October 2025, silver lease rates (the cost of borrowing physical silver for short periods) spiked to levels widely reported at around 39%, among the highest on record. The normal rate is below 1%. A market that, by all appearances, had felt well supplied for...

In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey explored a surprising disconnect in the silver market. Normally, declining demand would point to weaker prices. Instead, silver surged dramatically through late 2025 and into early 2026.

“What are the best coins I can buy so I have something I can spend if the dollar goes bad?” My answer surprises many of them. “Do you care whether or not they are stamped in units of government currency?” I ask. 

As the Iran war continues, with the Strait of Hormuz remaining closed, silver keeps leaving the COMEX, while the IEA is warning of an energy crisis that will necessitate even more solar and renewable energy. Which of course requires more silver.

After some wild swings in the silver ETF flows, we've seen a rather unusual change, that could act as the launchpad for the next move higher.

Given the surging silver price, you might think demand was up significantly last year. It wasn’t. Silver was up as much as 147 percent intra-year in 2025, starting the year at 28.84 and surging to over $100. This happened despite a 2 percent drop in silver demand....

Conditions in the Chinese silver market, the heart of the industrial demand, were already tight. Which makes what just happened last month with China's silver imports even more stunning.

You can hardly blame Trump for playing up the stock market’s spectacular performance whenever anyone challenges the way he is conducting the war, or claims the jihadists are winning.

The silver price surged back over the $80 level this morning as the Strait of Hormuz reopened, and stunning news out of India has created the possibility of another shortage.

Our cycle indicator is up. SLV is on short term buy signal. SILJ is on short term buy signal. Silver is on a long term BUY signal.

In January 2026, 33.45 million ounces of silver were withdrawn from COMEX registered inventory in a single week. That represented roughly 26% of the deliverable pool disappearing in seven days, the kind of event that, if repeated at even half the intensity, would...

Have any plans for that big tax refund? Odds are, you got one. Analysts say around 73 percent of taxpayers will get refunds this year. And they’re getting more back to boot. According to IRS data, the average refund is $3,462. That was up just over 11 percent...

Our benchmark SP500 is on long term BUY signal. Oil sector is on a long term BUY signal. Gold sector is on a long term BUY signal. Trend is now up.

The silver’s supply deficit finally caught up with it in 2025. Late last year, the price surged above the $50 resistance that had been in place since the 1980s. The rally continued into the first month of 2026, as the silver price rocketed to over $100 per ounce...

In the midst of a war that's left the world on the verge of a new economic crisis, there's quietly been a massive shift in the silver short position held by the banks.

March CPI printed 3.3% — the highest reading since May 2024 — while Q4 GDP came in at 0.5%. Inflation above target. The thesis this newsletter has tracked since Issue #1 just arrived in official government data. Silver is 39% below its January all-time high.

The Silver Institute just released their 2026 World Silver Survey, and it shows that we're on track for a 6th straight year of a supply deficit!

Discussion of precious metals and current market analysis.

A move by China could exacerbate already tight silver supplies. Chinese officials have indicated they will stop exports of sulfuric acid beginning next month. The ban could last through the rest of 2026.

There are several reasons why they're not buying right now. The first one is because well, it's twofold. The second or third reason is silver is underperforming gold right now technically and that could continue, and I'll get to that. But the larger reason is...

On February 27, an Australian federal court handed down the largest native title compensation award in the country's history. The mine at the centre of the case produces silver. The precedent it sets affects every future mining expansion on the continent, and beyond...

Silver is on a long term BUY signal. Cycle is up. Trend is down. Counter trend rally in progress.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is down. Cycle is up. Looking for new highs.

In this video Bo Polny talks about a new super cycle coming for gold & silver prices that will break the central banks. He also talks about how silver real value is more then $1000 per ounce!

Dr. Marc Faber joins us to discuss gold & silver prices that are set to skyrocket!