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.
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.
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.
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.
Silver could be on the cusp of breaking resistance at $62, but we need to get over $107.50 to suggest new highs. The TGD over 1,000 looks better and over $1,050 suggests new highs ahead.
While gold hogged the spotlight through most of the year, silver stole the show at the end. According to Metals Focus, several factors converged to drive the rally.
