Silver Could Double By Summer 2026

Key Concepts

• Silver Price Breakout: The phenomenon of the silver price surpassing previous all-time highs.
• All-Time High (ATH): The highest price point an asset has ever reached.
• Weekly Closing Price: The price at which a security or commodity closes trading for the week.
• Blowoff Move: A rapid and unsustainable price increase, often at the end of a bull market.
• Doubling in Price: A price increase of 100%.
• Current Scale: Refers to the current price range or chart scaling being used for analysis.
• Spot Silver Price: The current market price for immediate delivery of silver.

Analysis of Silver Price Breakout and Potential for Doubling

This analysis presents evidence suggesting that the silver price is poised for a breakout to a new all-time high and a subsequent doubling in value. The discussion focuses on historical patterns and their potential implications for the current market.

Historical Instances of Silver Price Surges

The transcript highlights three specific historical periods where silver experienced significant price surges, serving as precedents for current expectations:

1. 1978-1980: This period is described as a "blowoff move" where the price went "off the chart" and exceeded $400 on the current scale.
2. 1967-1968: This move, analyzed on the current scale using weekly data, reached a peak of $97. In daily terms, it is estimated to have been even higher, potentially around $110 per ounce.
3. 1973-1974: This period saw a sharp upward movement towards the end, reaching $105 per ounce on the current scale.

Timing and Price Doubling

A key aspect of the analysis is the speed at which silver has historically doubled in price during these surges. The transcript examines the timeframe for doubling in each of the three instances:

• 1973 Move: Doubled in price around May, taking approximately 7 months from the start of the move.
• 1967 Move: This move got "very close to doubling" within 7-8 months, ultimately taking a bit longer, estimated at around 11 months.
• 1978-1980 Move: This surge required approximately 10 months to double in price.

The analysis concludes that in all three historical cases, silver doubled in price within a timeframe of roughly 7 to 11 months.

Current Market Outlook and Timing

The transcript suggests that the current market conditions are ripe for a similar scenario. The analysis points to a potential timeframe for silver to reach $100 per ounce:

• "Next spring, next summer it's ripe for silver to go to 100." This statement indicates an expectation that the conditions for a significant price increase, potentially reaching $100, will materialize within the next year, specifically around the spring and summer months.
• The current spot silver price is noted as being at $48, having closed above $50 in weekly terms a couple of times. While there's a possibility of a pullback before a sustained rise, the historical data supports the potential for a breakout.

Conclusion and Main Takeaways

The primary takeaway from the transcript is the strong historical precedent for silver to not only break out to new all-time highs but also to double in price within a relatively short timeframe (7-11 months). The analysis of the 1967-68, 1973-74, and 1978-80 price surges provides concrete examples of this phenomenon. Based on this historical data, the speaker expresses a high degree of confidence that the current market is similarly positioned for a significant upward move, with expectations for silver to reach $100 per ounce by next spring or summer. The mention of the current weekly closing price above $50 and the current spot price at $48 further reinforces the idea that the breakout is either underway or imminent.