While gold has been snoozing, silver has been stealing the spotlight with a 4.89% climb in the past month. The last time silver flirted with or topped $38 was back in its legendary 2011 rally.
$14 to $38: Silver’s Wild Ride Has Bulls Eyeing $50 to $100 Next đđž
Now trading at $38 per ounce for .999 fine silver, the metal has made a serious comeback this year. Since Jan. 1, silver has jumped over 32% against the U.S. dollar. Precious metals enthusiasts remain confident the rally isn’t done. Some predict silver will break into the $50 territory, while longtime analyst Michael Oliver, founder of MSA Research, is calling for a push well beyond $100.
“What is going on right now is silver is compensating for having been restrained for so long by forces that are trying to hold it back,” Oliver explained to King World News (KWN) this week. “And the problem with that is that when it bites them they are on the short side of the market so the squeeze is them exiting what are now vulnerable short positions,” Oliver added.

It’s been 14 years since silver last hovered in this price territoryâback in March 2011, it broke past $47 per ounce. Before that peak, silver had already touched above $35 in March 1980, but between those milestones, its value was largely held downâand in March 2020, it even slipped below $14. This week, Philip Streible, chief market strategist at Blue Line Futures, told Kitco News it’s finally silver’s time to shine.
Streible stated:
“Platinumâs been on a tear, and gold has held steady above $3,300, so itâs not surprising that weâre seeing a strong rotation into silverâItâs silverâs turn.”
Longtime gold advocate Peter Schiff has argued several times this week that bitcoinâs price peaks are merely a âdistraction,â insisting that silver is the true standout in todayâs market. âDespite bitcoinâs new high today, had you followed the advice to sell bitcoin and buy silver in yesterdayâs post, you would be better off. Plus, you would have taken on a lot less risk,â Schiff said on Friday.
Read More
- MNT PREDICTION. MNT cryptocurrency
- USD UAH PREDICTION
- HYPE PREDICTION. HYPE cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- USD PKR PREDICTION
- EUR GBP PREDICTION
- EUR RUB PREDICTION
- EUR KRW PREDICTION
- CNY JPY PREDICTION
- DOGE PREDICTION. DOGE cryptocurrency
2025-07-13 18:04