IS 2026 GOING TO BE A “SILVER” YEAR?
12/30/25
As we approach the final days of 2025, we watch in amazement as President Trump appears to be conducting quasi-legal military operations in the waters around Venezuela with the objective, we are told by his Chief of Staff, Susie Wile,to depose President Maduro and take control of Venezuela’s oil resources.
These activities could quickly escalate into a land war in that region.
One use to believe that these potential acts of war were conducted with consultation with the intelligence committees in the House and Senate. But with a President who doesn’t really believe in the restraints of the Constitution this is becoming a completely acceptable action by a silent MAGA-dominated Congress.
The stock market ends the year making new all-time highs on lower trading volume. Most of the strength in the market these past months has been concentrated in the core group of technology firms, the so-called Magnificent 7, whose ETF’s trading symbol is MAGS.
Along with the strength in the tech sector, the precious metal stocks, GOLD & SILVER have also been setting new record high prices, suggesting a loss of confidence in the value of the US Dollar.
On Tuesday, Silver set a new high price of $82 per oz, and then quickly sold off to $65 per oz as the COMEX exchange raised margin requirements for trading from 25% to 50% overnight. This forced several traders who could not come up with the additional collateral to sell quickly into a holiday market.
Some consider this a top, and that the Silver bubble has burst. This certainly has some of those characteristics. However, nothing has changed as far as the economic factors that have been driving the precious metals, Gold, Silver, and Copper higher over the past 6 months.
Also, although the New York market where Silver contracts are traded did show a reversal, the Asian and Chinese Markets, where physical Silver is traded, did not show much of a change from the $82/oz price.
Although I only have a clouded crystal ball, I think the fact that China will restrict the export of Silver from its mines, starting January 1st, 2026, suggests that the New Year could bring even more record prices for Silver and Gold.
Expect great volatility in the coming months.
Of course, as has been pointed out many times on this website this is not investment advice but educational material.