Silver Prices Hitting the Roof

[Mono1]

I'm thinking $100 by end of '26. Way more in '27.

Further:

The Federal Reserve quietly pumped $125 billion into the repo market during the last week of October. Red flags have been raised that the banks are in desperate need of liquidity, but there is a deeper issue at play—the entire system is under stress.

It has not injected an amount this large since the 2020 pandemic.

Fed Quietly Injects $125 Billion In Repo Market | Armstrong Economics

The Federal Reserve quietly pumped $125 billion into the repo market during the last week of October. Red flags have been raised that the banks are in

www.armstrongeconomics.com

 

[Mono1]

"It has not injected an amount this large since the 2020 pandemic."

To put the above into some perspective; during 2019 the price of Silver was in the $14 / $15 range. Two years later it had doubled to $28.

 

[Cavedweller]

"Silver surged above $58 an ounce on Monday, trading at historic highs as shrinking inventories, rising investor demand and renewed supply concerns drove the metal to levels not seen even during previous bull-market peaks."

"This is noise," Chambers told Kitco News. "This isn't the real squeeze. Silver is going a lot higher. Ninety-five dollars is where I sell. People think this is the big move — it's not. The real move is still coming."

https://www.kitco.com/news/article/...new-record-clem-chambers-says-real-move-hasnt

Physical squeeze continues. Focus shifts to Asia as Shanghai stockpiles hit 10 year low:

Fed rate cut odds boost gold prices, investor demand for silver adds to physical squeeze and ATH – Heraeus

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

 

[Cavedweller]

"After hitting new highs above $63 an ounce, silver is the precious metal investors need to watch, and according to one analyst, there is still plenty of potential for the grey metal."

"Looking ahead, Schneider said she remains significantly bullish on silver as the market continues to be driven by strong fundamental demand.

"It's amazing that silver prices are not trading a lot higher right now," she said. "Supply deficits have become a significant concern. Demand is only going to grow, but supply remains extremely limited."

Schneider noted that silver has become a critical industrial metal due to the electrification of the global economy. She explained that tech companies are expected to spend $700 billion in capex as they build out the growing AI infrastructure; however, she added that that won't happen if there isn't enough silver."

Silver has rallied above $63, but it still has plenty of upside in 2026, says MarketGauge’s Schneider

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

 

[Mono1]

"After hitting new highs above $63 an ounce, silver is the precious metal investors need to watch, and according to one analyst, there is still plenty of potential for the grey metal."

"Looking ahead, Schneider said she remains significantly bullish on silver as the market continues to be driven by strong fundamental demand.

"It's amazing that silver prices are not trading a lot higher right now," she said. "Supply deficits have become a significant concern. Demand is only going to grow, but supply remains extremely limited."

Schneider noted that silver has become a critical industrial metal due to the electrification of the global economy. She explained that tech companies are expected to spend $700 billion in capex as they build out the growing AI infrastructure; however, she added that that won't happen if there isn't enough silver."

Silver has rallied above $63, but it still has plenty of upside in 2026, says MarketGauge’s Schneider

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

$150 by 2027.

 

[gmerkt]

Further:

The Federal Reserve quietly pumped $125 billion into the repo market during the last week of October. Red flags have been raised that the banks are in desperate need of liquidity, but there is a deeper issue at play—the entire system is under stress.

It has not injected an amount this large since the 2020 pandemic.

Fed Quietly Injects $125 Billion In Repo Market | Armstrong Economics

The Federal Reserve quietly pumped $125 billion into the repo market during the last week of October. Red flags have been raised that the banks are in

www.armstrongeconomics.com

The take-away phrase in the article is:

"The cycle cannot be prevented. The systemic issues are too far gone for repair."

 

[Kruel J]

Wow. If a guy bought a bunch back before 2019 he would be a genius.

Indeed. I should have bought more. But I'm pretty happy seeing this. Makes the dead weight worth it.

 

[Xmark1]

And gold! This is not a good thing. Basically means, the world has lost faith in the US dollar. Not good at all.

You speak truth!
It's a sign.
The dollar is being replaced as the world reserve currency, for good reason.
Massive Dollar devaluation is eminent!

 

[gmerkt]

The take-away phrase in the article is:

"The cycle cannot be prevented. The systemic issues are too far gone for repair."

It's not that the Federal Reserve has lost the ability to restrain inflation. It has lost the independence to enforce its will. In the late 1970's to 1981, inflation in the US was bad. At that time, Chairman Volcker raised the Fed funds rate to 20% !!! That's the kind of balls and pain it's going to take to put the brakes on runaway inflation and spending again. BUT: Contemporary pols won't allow it. In the last go-around on bumping the Fed funds rate during the Biden administration, the rate got up to 5.25, 5.5%, nowhere near an amount high enough to put a real sting on inflation like Volcker did. Now we've got Trump and sons in the White House, businessmen with lots of money tied up in real estate, an interest rate sensitive enterprise for certain. Of course they want low interest rates no matter how much it goes against prudent policy. Which in my view is a clear conflict of interest that nobody else seems concerned with. Not to mention the vote-getting angle that both parties enjoy from artificially low interest rates.

 

[doninoregon]

I agree that Trump wants low interest rates to juice the economy, but above and beyond that, he knows that high interest rates will blow up the national debt. And he's not wrong about that.

Gmerkt, I always appreciate your comments.

 

[gmerkt]

I agree that Trump wants low interest rates to juice the economy, but above and beyond that, he knows that high interest rates will blow up the national debt. And he's not wrong about that.

The real driver of federal debt is fiscal policy. Monetary policy by the Fed is secondary. To reduce the national debt, Congress needs to reduce expenditures, increase revenue, and enact budget reform. The Fed determines the cost of borrowed money, but the Congress controls the amount of debt. In the contemporary setting, the unresolved imbalance in debt forces interest rate policy in the wrong direction. It's delicate balance with huge political stakes.

It's possible that higher returns on government debt would be an enticement for more foreign holders to take it on, not abandon it as is currently the case. So long as it wasn't looked upon by US pols as another source of spending. If fiscal policy could be managed, the greater return on US debt wouldn't be a problem and it would help sustain Fed monetary policy. The proper cart and horse relationship might be restored.

I don't know that Trump really cares all that much about government debt. I think his primary concern is business. What he has said about the subject on the campaign trails as against policies and actions that have followed under his administrations are opposite. He's racked up 8 plus Trillion in additional debt to date during his presidential years. Government spending since the turn of the century under both parties has been a scandal.

 

[Camelfilter]

Silver ask $65.66!!!

-in aftermarket JMbullion.

Roughly 66 : 1 silver to gold ratio.

 

[CO136]

Silver ask $65.66!!!

-in aftermarket JMbullion.

Roughly 66 : 1 silver to gold ratio.

And going...

 

[Bolt_308]

Crazy- that just happened in the last couple hours- I swear I looked at it this am and it was like at $62 and change. Wild ride!

 

[Mono1]

It's All Happening!

 

[GrayGoose]

Yet the dealers in my area (Corvallis/Albany) aren't buying. Time for a drive north...

 

[Mono1]

Yet the dealers in my area (Corvallis/Albany) aren't buying. Time for a drive north...

Sounds like it, Bro'!

 

[Tlock]

Yet the dealers in my area (Corvallis/Albany) aren't buying. Time for a drive north...

My kid was going to sell some and got offered 35

 

[Mono1]

Honestly, my personal thinking is that Silver is now only just catching up to Gold. After January, we will see a new surge which will take Gold ultimately over 5K and maybe 6K by 2027. Silver 150. Just my two cents. All Bull Markets are underestimated by everyday folks at the beginning.

 

[GrayGoose]

Even tried Apmex. They gave me a quote of $58 for each of my 100 ASEs and wanted to charge me $98 shipping to send to them. F that.