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.
Maharrey explored a disconnect in the silver market. Normally, declining demand would point to weaker prices. Instead, silver surged dramatically through late 2025 and into early 2026.
According to the Silver Institute, AI helped boost silver demand, while higher prices led to a decline in the amount of silver used in the solar energy sector.
