We are going to look at strong evidence that the PM sector bottom is in – we will also see why downside risk here now looks minimal and why the next major upleg looks set to begin soon...
Ironically, silver's dirty little secret may well be this; the grimy industrial side of this unappreciated and, for many decades, unloved metal, may end up proving how uniquely precious it is.
Widmer noted that in 2011, at the peak of the Great Recession precious metals bull market, the gold-silver ratio dropped to 32:1. Assuming $5,000 gold, that would push the silver to $135.
There’s an incredibly high probability the Strait remains closed longer, putting upward pressure on the oil market, increasing probability of downside pressure for gold and silver prices.
A breakout occurs above $79 but we wouldn’t be looking at potential new highs until we break over $107. Silver appears to have good support down to $65. Below $62 silver is in trouble.
Gold and silver and the gold stocks seem to be caught betwixt and between...despite the ups and downs of the past two months, we are essentially going nowhere. We await breakouts.
American stock investors still have virtually zero silver exposure, with vast room to buy. If silver remains higher going forward, silver miners’ earnings will continue soaring making silver stocks very attractive.
Silver North has raised capital to fund drill rigs on the project over the next two years, and with just over a month away now from the start of 2026's drilling campaign, Jason discuses what comes next in the exciting Keno Hill District.
CEO Jason Weber noted that completion of the survey will refine 2026 drill targets, clarify fault structures hosting veins, and potentially reveal cross structures with significant silver mineralization potential.
Director Brown: "Our focus is firmly on advancing the Haldane high-grade silver project in the Keno Hill district of Yukon Territory, building on the transformative progress we achieved."
Silver was initially sharply lower again this past week reaching a low of 60.97, although after that low was made, we moved sharply higher reaching a high 74.65, closing higher at 69.78!
