Gold and silver remain in consolidation, but their technical setups are still strong, despite the confusing crosscurrents caused by unpredictable tariff developments.
Earlier we had noted our nervousness over the fact that both silver and platinum made new highs but gold did not. A divergence...Now they both broke a support line but gold held.
CEO McDonald: "We are extremely happy with the first ever mineral resource estimate at Columba. We are also pleased to announce that drilling has recommenced at Columba. Our drilling plan includes extension drilling on all mineralized structures still open in all directions."
With high grade silver intersections of 1.83 metres (true width) averaging 1,088 g/t silver and 3.90 g/t gold as well as wider intersections of silver mineralization such as 5.81 metres (true width) averaging 365 g/t silver and 0.23 g/t gold...
Surges in the gold-to-silver ratio above 100 in both March 2020 and April 2025 preceded powerful silver rallies—and if the 2020 analog holds, even more silver gains are ahead.
Whether you’re a seasoned investor or just getting into metals, this is a sharp, timely look at where silver may be headed next — and why $50 might just be the beginning.
