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.
Silver is currently only about 58% higher than its 1980 peak. A major bull market does not generally end as close as 58% higher than its previous major bull market did.
A significant shortage of sulfuric acid, or even spiking prices, could impact copper output. About 70 percent of the annual silver mining supply is a byproduct of copper production.