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GSR shifted back quite a bit too.
Moved from 44 to about 60, in similar fashion to mid 2006 and the 30%+ drop that occured back then after its run up from $7 to $15 in 1 year.
 
About a week ago the GSR was around 46:1, Today it’s closer to 59:1. In my way of thinking, silver usually follows gold, and most of the time it follows after gold has already moved.
Gold’s “value” has clearly increased, so I’m expecting silver to play catch-up over the coming days or weeks.
Do I think silver goes to $200? Yes — absolutely. My timeframe would be by, or possibly before, the end of Q2 2026. That’s the horse I’m backing.
There are plenty of horses in the race, and plenty of races to be run. It’s not about picking one perfect outcome — it’s about positioning yourself to win as many races as you can.
SD
 
Doesn't it make you stop worrying and feel comfortable when an well spoken, upper class Englishman explains current PM events to you.


In seriousness, I do like JRM but he's way too conservative for the Tory's or maybe the Tory's just moved to far left and JRM is what used to the middle ground of conservatism back in the day.

Anyhoo.....

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Watching silver and the PM's market in general is like being a kiddie in the 80's watching Wide World of Sports on a Saturday winters afternoon knowing that soon they'll show some WWE action...and they do. We strike gold (pardon the pun) and It's Hulk Hogan, the people's favourite v one of the selected WWE Baddies sent to destroy our beloved champ. Spoiler alert: even as a young tacker I knew how this match would pan out.

Hulk starts out well, looks to be on top.

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Then to raise the tension, the WWE Baddie gets the better of Hulk Hogan.

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Then just when we think Hulk is gone.....he hears the crowd and lifts.

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Then turns the tables on the WWE Baddie.

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And walks out a winner.

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Me thinks we are at stage two, but will Silver rally like the Hulk, get off the canvas and win?
 
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