[POLL] How high will silver go?

[Wind_FURY]

I'm not much of a trader, but getting my "analysis" from merely looking at Gold's chart, I believe that its surge might be losing its momentum.

BUT that's a mere observation of mine, NOT trading advice. Silver, Copper, and the Platinum are losing their surge's momentum as well.

Although all signs tell us otherwise but I agree with this part; the momentum is dead for the time being. Therefore if I were to invest in gold, I'd wait until I see the surge/momentum begins and then jump on board not before that.

Why?

Is it because you have lower confidence in when actually a surge starts happening? Because if indeed it's actually "over" for Gold's current Bull Cycle, it doesn't have a sort of "predictable" pattern like Bitcoin's Four-Year-Cycle.

But for what it's worth the consensus seems to be that the current gold price situation is a market manipulation where the "big players" (governments) are trying to make a profit from the fluctuations. We also have US gov. that has been making money from gold to cover the budget deficit (that is how Trump raised his trade balance).

If it's merely manipulation for profit, then that is NOT sustainable. Sooner or later those markets, the precious metals, WILL crash.

[pooya87]

Why?

Is it because you have lower confidence in when actually a surge starts happening? Because if indeed it's actually "over" for Gold's current Bull Cycle, it doesn't have a sort of "predictable" pattern like Bitcoin's Four-Year-Cycle.

If it's merely manipulation for profit, then that is NOT sustainable. Sooner or later those markets, the precious metals, WILL crash.

I meant that the drop was market manipulation not the rise.
The rise is 100% natural and due to increased demand. The drop on the other hand, does not feel natural.

You see, the reason for the gold price rise is still there and is a very strong reason. The world is dumping the dollar and is replacing it with gold. Central banks are going crazy buying gold. Seeing that, regular people are investing their money into gold as well.
This is neither stopping nor slowing down. Which means gold price should have continued rising toward $6k not drop to $4.9k. What happened was a normal correction after reaching an ATH at $5.5k and then the market manipulation began to suppress the rise and crash it further down and keep it there.

It did exactly that too. The market manipulation successfully suppressed the rise and killed the momentum.

But if someone is just a trader wanting to not-take risks, as I said, I'd wait on the side line to see what happens and then jump on board if the rise resumes. After all the next target is $6k and there is enough time to jump back on...

[Ambatman]

Although all signs tell us otherwise but I agree with this part; the momentum is dead for the time being. Therefore if I were to invest in gold, I'd wait until I see the surge/momentum begins and then jump on board not before that.

We have been experiencing relative peace and stability for some years now
And I think the gears are turning
Things are getting more chaotic
So I don't see any reason to time a market that have higher chance of an increase.
Not to mention the dollar volatility thanks to Trump on and off policies
I doubt anybody would want to hold such currency.

[Wind_FURY]

Why?

Is it because you have lower confidence in when actually a surge starts happening? Because if indeed it's actually "over" for Gold's current Bull Cycle, it doesn't have a sort of "predictable" pattern like Bitcoin's Four-Year-Cycle.

If it's merely manipulation for profit, then that is NOT sustainable. Sooner or later those markets, the precious metals, WILL crash.

I meant that the drop was market manipulation not the rise.
The rise is 100% natural and due to increased demand. The drop on the other hand, does not feel natural.

OR, it might also be large holders/investors of Gold that believed it was a good situation to sell.

It's simply the behavioral patterns of market participants.

You see, the reason for the gold price rise is still there and is a very strong reason. The world is dumping the dollar and is replacing it with gold. Central banks are going crazy buying gold. Seeing that, regular people are investing their money into gold as well.

Gold and other scarce valuable assets has always been an anti-thesis to fiat currencies. Zoomed out to the maximum, its chart supports that hypothesis, NOT merely for the U.S. Dollar, but ALL fiat currencies.

The current late surge in Gold is probably caused by Human Greed. That's not sustainable for any sort of market.

This is neither stopping nor slowing down. Which means gold price should have continued rising toward $6k not drop to $4.9k. What happened was a normal correction after reaching an ATH at $5.5k and then the market manipulation began to suppress the rise and crash it further down and keep it there.

It did exactly that too. The market manipulation successfully suppressed the rise and killed the momentum.

But if someone is just a trader wanting to not-take risks, as I said, I'd wait on the side line to see what happens and then jump on board if the rise resumes. After all the next target is $6k and there is enough time to jump back on...

 👍

Let's give it two or three months.

[pooya87]

Although all signs tell us otherwise but I agree with this part; the momentum is dead for the time being. Therefore if I were to invest in gold, I'd wait until I see the surge/momentum begins and then jump on board not before that.

We have been experiencing relative peace and stability for some years now
And I think the gears are turning
Things are getting more chaotic
So I don't see any reason to time a market that have higher chance of an increase.
Not to mention the dollar volatility thanks to Trump on and off policies
I doubt anybody would want to hold such currency.

I wrote something about this a while ago with the title "Trump's desperate destabilizing wars. Invading Venezuela. Gold up. Bitcoin down". That was one of my most accurate analysis. The US regime is getting more desperate for resources more than ever and is now trying to hang on to its global monopoly; the more they lose that, the more aggressive they are going to get toward the rest of the world.

Their tactics are similar too. For example they have already activated their terrorist cells in Nigeria and then advertise what their own proxies do as "Christian genocide" and with that lie they carried out military strikes against Nigeria's sovereignty. All because Nigeria has a lot of resources the US regime wants to steal.
They have been doing the same to Iran as well. On January 8 and 9, US regime activated its terrorist cells (members of al-Qaeda, Komoleh, etc.) and advertised it as protesters. Now they are preparing to launch an attack on Iran. All because Iran a lot of resources they desperately need.

All this chaos and warmongering has consequences, one of main things is speeding up dedollarisation. If you recall, gold went to $5500 right after the rogue US regime kidnapped president of another country that happens to have the largest oil reserves in the world.

OR, it might also be large holders/investors of Gold that believed it was a good situation to sell.

It definitely was.
As I said it started as a "normal correction".

[STT]

Gold holders never sell is the logic that goes with the very largest of holdings, they may issue or sell FIAT currency but the gold stays barring outright emergencies.
   Rather then argue the logic I would point to the time frames we're talking about, ultimately it exceeds our lifetime its across generations and basically the largest holders of gold are nations and their central bank.  Even Venezuela has gold, it just doesn't have control of it as the military have subverted elections to date.

With relevance to silver I would only look at gold as some guide to overall commodity and metals sentiment.  They aren't the same, silver can be used by nations but no central bank buys silver yet anyhow.
   It was suggested India as a nation is now buying silver in addition to gold, Im sure they always have to some extent but more so with the price of gold being especially higher and the ratio pointing to silver as a bargain price.  Its possible I just don't know for sure that's the case, with that many people and they do hold long term it definitely counts as important.  In the west we sell, the bitcoin the gold everything if price rises and we buy depreciating assets with the cash

Trumps move against Iran would benefit his allies in the region more then USA directly.  If anything such action has helped oil price rise out of fears, there's an easy bottleneck there so it doesn't take much.  A war can easily last five years and out last any stockpiles that nations like China may have to use up.
  This would knock onto silver and gold through mining costs, they both use a ton of energy and the ratio there is relevant also.

[Betwrong]

~
  This would knock onto silver and gold through mining costs, they both use a ton of energy and the ratio there is relevant also.

You mean the price of silver and gold will rise because mining costs are rising? I agree. Apart from the inflation and some other things, this will contribute to the silver price rising. Among "other things" I would name the realisation of the fact that silver has been underestimated for so many years. Silver hit around $50 per ounce on January 18, 1980. When adjusted for U.S. inflation to today’s dollars, that equals roughly $180–$200 per ounce. And that's where it can go again in the near future.

[philipma1957]

Well maybe we double peak.

Silver is back over 90

Gold is back over 5200.

[Wind_FURY]

Well maybe we double peak.

Silver is back over 90

Gold is back over 5200.

OR perhaps the Gold/Silver Bull Cycle is over? They don't surge like they did during their path to All Time Highs. Currently, those markets are behaving like they're looking for the buyers to victimize. Silver and Platinum especially.

But Gold's current price-point could be sustainable, although I don't believe it could surge to $10,000 per oz as projected by the Gold Bugs.

[Alpen]

Yes. Would you imagine history repeating itself with corporations buying Silver massively? With the AI hype, anything's possible. If we base ourselves on the 12:1 ratio, then Silver would be worth an average of $425 per ounce. That would be a huge increase from today's current spot market price.

At the time of this writing, Silver went down to $77 an ounce, adding more fuel to volatility. Therefore, the estimated prediction of Silver being worth more than $200 an ounce would be a far-fetched idea. All eyes are on Gold right now. We'll see what happens within the short-term.

Looking at the Gold/Silver overlay, it’s clear how much the two assets have diverged over the past two years. However, since mid-2025, some serious capital has moved into Silver to close that gap.

It would be interesting to check the Market Profile to see who was behind the shorts responsible for the recent sharp drop. But my bet is that the Silver bulls are gearing up for a counter-attack. As soon as Trump falters regarding Iran, Silver will take off again

[Wind_FURY]

Yes. Would you imagine history repeating itself with corporations buying Silver massively? With the AI hype, anything's possible. If we base ourselves on the 12:1 ratio, then Silver would be worth an average of $425 per ounce. That would be a huge increase from today's current spot market price.

At the time of this writing, Silver went down to $77 an ounce, adding more fuel to volatility. Therefore, the estimated prediction of Silver being worth more than $200 an ounce would be a far-fetched idea. All eyes are on Gold right now. We'll see what happens within the short-term.

Looking at the Gold/Silver overlay, it’s clear how much the two assets have diverged over the past two years. However, since mid-2025, some serious capital has moved into Silver to close that gap.

It would be interesting to check the Market Profile to see who was behind the shorts responsible for the recent sharp drop. But my bet is that the Silver bulls are gearing up for a counter-attack. As soon as Trump falters regarding Iran, Silver will take off again

Although there will be a "counter-attack", I believe "it" won't make Silver surge higher than its current All Time High. OR it goes to another All Time High but not that higher than the current one. It will be disappointing, then when the traders that FOMO sees that, everyone would want to be out first in panic.

  ¯\_(ツ)_/¯

[Alpen]

Although there will be a "counter-attack", I believe "it" won't make Silver surge higher than its current All Time High. OR it goes to another All Time High but not that higher than the current one. It will be disappointing, then when the traders that FOMO sees that, everyone would want to be out first in panic.

  ¯\_(ツ)_/¯

The panic you’re talking about is already here. That’s why every asset class is tanking right now, except for oil. The only thing that can trigger a reversal for Gold and Silver is a US defeat in Iran. From the looks of it, this is going to be a long process—at least a three-year haul.

[Wind_FURY]

Although there will be a "counter-attack", I believe "it" won't make Silver surge higher than its current All Time High. OR it goes to another All Time High but not that higher than the current one. It will be disappointing, then when the traders that FOMO sees that, everyone would want to be out first in panic.

  ¯\_(ツ)_/¯

The panic you’re talking about is already here. That’s why every asset class is tanking right now, except for oil. The only thing that can trigger a reversal for Gold and Silver is a US defeat in Iran. From the looks of it, this is going to be a long process—at least a three-year haul.

What's the hypothesis for the reversal for Gold and Silver and the defeat of the United States in Iran? Is it related to the market's confidence to the U.S. Dollar? They wouldn't be that confident with the weakened military behind it?

Plus it will be hard to define "defeat". The United States could claim that they "merely" went there to destroy Iran's Nuclear research program and take their enriched Uranium.

[philipma1957]

Well maybe we double peak.

Silver is back over 90

Gold is back over 5200.

OR perhaps the Gold/Silver Bull Cycle is over? They don't surge like they did during their path to All Time Highs. Currently, those markets are behaving like they're looking for the buyers to victimize. Silver and Platinum especially.

But Gold's current price-point could be sustainable, although I don't believe it could surge to $10,000 per oz as projected by the Gold Bugs.

I am sticking with a double peak

which means both silver and gold  will go back up to or over their ath

so 115-125 for silver

and 5500-5700 for gold.


Trump's chaos will continue

Cuba is next

but in the long run he will collapse out which means BTC must moon against the dollar

as will silver and gold

I could see

200k for btc
200oz for silver
6666oz for gold

and the USD fully failing as Trump declares marital law in an attempt to stay in power.


My Advice and it is Advice is hodl

BTC
Gold
Silver

and actual USA cash

obvious do not over hodl these four but have them if you can.


Note if you are in a country other than the USA but one with a decent fiat hodl that vs USD

Ie hold some euro or CHF or pounds.

pick a ratio like

35% btc
25% gold
25% silver
15% cash

[Alpen]

What's the hypothesis for the reversal for Gold and Silver and the defeat of the United States in Iran? Is it related to the market's confidence to the U.S. Dollar? They wouldn't be that confident with the weakened military behind it?

Plus it will be hard to define "defeat". The United States could claim that they "merely" went there to destroy Iran's Nuclear research program and take their enriched Uranium.

Was the US military weak in Korea or Vietnam? Or in Afghanistan? They had overwhelming power, yet they suffered defeats in every single one. If the US military is so 'advanced,' why are they relying so heavily on Ukraine's help and experience right now?

Now Americans are talking about a ground operation in Iran. Have you seen what small drones do to infantry?

To me, defeat looks like cargo planes filled with body bags. Defeat looks like paying reparations to Iran just to get them to reopen the Strait of Hormuz. And who knows what else Iran will demand as a price for stopping their missile and drone strikes

[Wind_FURY]

Well maybe we double peak.

Silver is back over 90

Gold is back over 5200.

OR perhaps the Gold/Silver Bull Cycle is over? They don't surge like they did during their path to All Time Highs. Currently, those markets are behaving like they're looking for the buyers to victimize. Silver and Platinum especially.

But Gold's current price-point could be sustainable, although I don't believe it could surge to $10,000 per oz as projected by the Gold Bugs.

I am sticking with a double peak

which means both silver and gold  will go back up to or over their ath

so 115-125 for silver

and 5500-5700 for gold.


Trump's chaos will continue

Cuba is next

but in the long run he will collapse out which means BTC must moon against the dollar

as will silver and gold

I could see

200k for btc
200oz for silver
6666oz for gold

If that's your projection for Gold, then would it be the best path to currently reduce Gold holdings and put more in Bitcoin and Silver?

and the USD fully failing as Trump declares marital law in an attempt to stay in power.

?

 👀

My Advice and it is Advice is hodl

BTC
Gold
Silver

and actual USA cash

obvious do not over hodl these four but have them if you can.

I personally believe that the only long-term HODL in that list are Bitcoin and Gold. Silver merely follows Gold in my opinion.

What's the hypothesis for the reversal for Gold and Silver and the defeat of the United States in Iran? Is it related to the market's confidence to the U.S. Dollar? They wouldn't be that confident with the weakened military behind it?

Plus it will be hard to define "defeat". The United States could claim that they "merely" went there to destroy Iran's Nuclear research program and take their enriched Uranium.

Was the US military weak in Korea or Vietnam? Or in Afghanistan? They had overwhelming power, yet they suffered defeats in every single one. If the US military is so 'advanced,' why are they relying so heavily on Ukraine's help and experience right now?

Now Americans are talking about a ground operation in Iran. Have you seen what small drones do to infantry?

To me, defeat looks like cargo planes filled with body bags. Defeat looks like paying reparations to Iran just to get them to reopen the Strait of Hormuz. And who knows what else Iran will demand as a price for stopping their missile and drone strikes

I didn't say that they haven't been defeated before or that they can't be defeated. I merely said that they will get the enriched Uranium, then leave, and make that look like they were not defeated.

[OgNasty]

Starting to look like the run in silver is behind us now.  $120 was as fun as it got.  We could be in the 60s in a matter of days...

I'm glad I was able to sell some in the triple digit range when I had the chance.  I wish I had sold more but it wasn't as easy as I thought it would be.  Especially locally.  Dealers didn't want to touch the stuff when it got over $90.

[STT]

I don't see it like that, we have event interference but the bigger picture was never about the market willingly creating a higher price for silver or gold.   Plenty of people would like the metals to stay low, the conditions that created the higher prices still exists and will resume when or if the war ever ends.  

  If the war is not resolved shortly it will just mean adaptation has to occur towards alternatives but thats mostly about the energy market not metals.   Mining and costs are heavily effected by disruption in energy supply, so its higher costs for sure but I don't see the rest of the factors are altered such that we cannot ever expect a new high in silver or gold.
   I would guess new ATH does occur maybe its a new topic, maybe not this year but precious metals are more like a decade long pace to their movement, perhaps even longer considering debt often held as security has a longer term.
  To me its the same story with war or not, the cycle ending because a war started isnt fair reasoning imo as this was no normal horse race.

[Abiky]

Starting to look like the run in silver is behind us now.  $120 was as fun as it got.  We could be in the 60s in a matter of days...

I'm glad I was able to sell some in the triple digit range when I had the chance.  I wish I had sold more but it wasn't as easy as I thought it would be.  Especially locally.  Dealers didn't want to touch the stuff when it got over $90.

If the Iranian conflict extends, Silver could go even lower than $60. I'd consider $50 per ounce as the "new bottom" during the short-term. I guess the silver craze is over. It's going to take quite some time before we'll be able to witness $110+ an ounce.

Better grab this opportunity before things go back to normal. Even Gold is having a "bad time". There is so much uncertainty these days. Here's hoping for the best.

[Doll2233]

Starting to look like the run in silver is behind us now.  $120 was as fun as it got.  We could be in the 60s in a matter of days...

I'm glad I was able to sell some in the triple digit range when I had the chance.  I wish I had sold more but it wasn't as easy as I thought it would be.  Especially locally.  Dealers didn't want to touch the stuff when it got over $90.

If the Iranian conflict extends, Silver could go even lower than $60. I'd consider $50 per ounce as the "new bottom" during the short-term. I guess the silver craze is over. It's going to take quite some time before we'll be able to witness $110+ an ounce.

Better grab this opportunity before things go back to normal. Even Gold is having a "bad time". There is so much uncertainty these days. Here's hoping for the best.

No one expected that kind of high pump in the price of silver because silver is good up and down in the market. Once it hitted to 120$ but after that it went down And we saw crash in the market and millions of investor sold their silver but now that is time of War and all people are afraid of that situation because many countries are involved in that War which could be called World War 3 as there are many countries which are against the Iran And Iran supreme leader is no more and commodities prices will go up in the near future because circumstances will be worst than today due to high destruction on earth. America want to take hold of Iran but that is not possible and they attacked on Iran and Iran also attacked on them.