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It’s a testament to the unique characteristics of this bull market in metals and miners that silver’s rocket-shot higher in recent days is surprising to so many.
It appears that silver will reach a minimum of $80 to $90 (depending on how you measure) when it completes. Silver is currently in the midst of that rally.
Bull markets are scary. They become very overbought. They present reasons why people should take their profits while they have them. But then they keep going up.
Silver, like gold, may have formed its cycle low in late October 2025 at $45.55. Silver has soared to new all-time highs finally taking out the nominal high of 1980 and 2011 near $50.
We’ll see where the silver price ends. Will the futures be up over $4 this time? Either way, it sure is fun to be a silver investor when it feels like the price is going up $2-$3 every day.
Michael has spent decades studying long-term structural shifts in markets. Our conversation explores several important points that matter for anyone holding or considering holding silver.
