Indian gold and silver demand have historically remained resilient in a higher tax environment. This reflects the fact that Indians have a deep cultural connection to precious metals...
“The SILVER Act would promote resiliency, improve competition, lower costs for investors and commercial users, and strengthen America’s financial and critical minerals infrastructure.”
There is a significant ongoing structural shortage of physical silver in 2026, marking six consecutive years of deficits where industrial and investment demand outweighs supply.
Technical analysis shows silver prices are poised for another rip. The historical chart shows a cup and handle breakout pattern. “The longer the base the higher in space.”
Silver, like gold, was smacked this past week. However, silver had appeared to break out. Now we are not so sure. A break back under $75 would be negative.