Silver has moved above $60 this week. This is a level that naturally prompts investors to stop and reassess their position. Some are considering whether it is the right moment to take profits. Others are asking if they are too late to add to their holdings.
To help bring some clarity to these questions, Jan Skoyles spoke with Michael Oliver of Momentum Structural Analysis. Michael has spent decades studying long term structural shifts in markets and his insights are particularly useful at moments like this when price alone can create unnecessary noise.
Our conversation explores several important points that matter for anyone holding or considering holding silver.
- Silver’s breakthrough is a structural event rather than a short term spike
Michael explains that silver has not only risen in price. It has also broken out relative to gold and relative to the S&P 500. In his view, these relative performance shifts are more important than the headline price level.
- The historical context matters
Silver touched $50 in both 1980 and 2011. If you adjust those prices for the decline in purchasing power since then, today’s $60 would not represent a peak. Michael argues that the present move should be seen as part of a much longer adjustment process.
- Why some investors are considering selling and why others are not
Strong upward moves often create a sense of urgency. Michael explains why price strength can feel like the end of a cycle even when long term structural evidence suggests that the trend is still in its early stages.
- The potential for further volatility
Michael highlights examples from other markets such as copper and lead where long periods of stagnation were followed by rapid repricing. He outlines why silver may be entering a similar phase and why understanding the structure of this move is more important than reacting to any single price point.
If you are deciding whether to sell, hold or increase your exposure, this interview provides a clear and measured perspective at a time when many investors are asking the same questions.
Here is the link to the full discussion with Michael Oliver.
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