Silver advice. I don’t see Silver breaking out until after the bullion banks give up on shorting it. They have pulled back significantly on gold helping it hit all time new highs priced nominally. This will happen with silver, but the timing is hard to see. It’s true we have a 45 year cup and handle; however, we could be seeing another smaller cup form and a new smaller handle form. All bullish, but timing is always tricky with silver. We are at the begging of the gold bull run that could last till 2028 to 2032. Silver typically blasts off making much higher gains percentage wise than gold but towards the end of the cycle. So we could see the GSR move from 91 or so down to 60ish soon with a break out but then expect silver to pull back while gold continues its move towards $4k. I expect these fluctuations in GSR between 100 and 50 over the next 4-6 years with potential for it to go a lot lower should paper silver lose to holders standing for delivery. A few charts to illustrate the near term potential and risk of watching charters. First one shows the cup and handle which looks like it’s time to go all in. The second illustrates that charts mean nothing when the bullion banks are shorting nearly a billion ounces of silver. let me know what else you would like me to dig into. Chart links: https://x.com/digger_vern/status/1899025714793329042?s=46&t=tglUs4X3fOxwj3LHR2byYA https://x.com/goldsilverhq/status/1941829984773186032?s=46&t=tglUs4X3fOxwj3LHR2byYA
Published Jul 07, 2025Updated Jul 07, 20254 min read
Silver advice. I don’t see Silver breaking out until after the bullion banks give up on shorting it. They have pulled back significantly on gold helping it hit all time new highs priced nominally. This will happen with silver, but the timing is hard to see. It’s true we have a 45 year cup and handle; however, we could be seeing another smaller cup form and a new smaller handle form. All bullish, but timing is always tricky with silver. We are at the begging of the gold bull run that could last till 2028 to 2032. Silver typically blasts off making much higher gains percentage wise than gold but towards the end of the cycle. So we could see the GSR move from 91 or so down to 60ish soon with a break out but then expect silver to pull back while gold continues its move towards $4k. I expect these fluctuations in GSR between 100 and 50 over the next 4-6 years with potential for it to go a lot lower should paper silver lose to holders standing for delivery. A few charts to illustrate the near term potential and risk of watching charters. First one shows the cup and handle which looks like it’s time to go all in. The second illustrates that charts mean nothing when the bullion banks are shorting nearly a billion ounces of silver. let me know what else you would like me to dig into. Chart links: https://x.com/digger_vern/status/1899025714793329042?s=46&t=tglUs4X3fOxwj3LHR2byYA https://x.com/goldsilverhq/status/1941829984773186032?s=46&t=tglUs4X3fOxwj3LHR2byYA