Over the past day, global markets have shifted decisively. The U.S. dollar has weakened, U.S. equities opened sharply lower, and European markets followed suit as tensions between Washington and Europe resurfaced around trade and geopolitics.
Comments from President Trump ahead of this week’s World Economic Forum in Davos (including renewed insistence that there would be “no going back” on his plans regarding Greenland) have unsettled investors already sensitive to the risk of escalating tariffs and retaliation.
Bond markets are also showing signs of strain, with instability in Japan rippling outward into global yields. Add ongoing political unrest in the Middle East and fresh warnings from policymakers about the durability of recent market optimism, and the backdrop becomes harder to ignore.
Against that setting, precious metals are responding, both as a reflection of growing unease about trust, settlement, and the reliability of paper claims. Understandably, many investors are asking us where we expect precious metal prices to go next and when silver will reach $100.
In this GoldCore TV video, we explain why the prospect of $100 silver will not be a victory lap but a warning sign; why this move says more about the health of the system than the metal itself; and why reacting to a round number may be the wrong conclusion.