Silver Surges Past $35 as Global Squeeze Builds – Erfle Sees $50 on Horizon

3 months ago
12

Silver has shattered the $35 ceiling and could be on a fast track to $50. In this episode of Digging Deep, David Erfle, founder of JuniorMinerJunky, joins Kitco’s Paul Harris to break down silver’s explosive technical breakout and why silver stocks are flashing bullish signals. With ETFs like SIL and SILJ hitting multi-year highs, Erfle explains why the rally is likely just getting started.

The discussion also covers high-potential mining plays like Americas Gold and Silver, McEwen Mining, and Power Metal Mines. From Taseko’s game-changing New Prosperity deal to key trends in mining finance, royalties, and drill results, this is essential insight for investors positioning for the next big commodities.

Key points:
- Silver breaks above $35, technically confirmed breakout
- Silver stocks (ETFs like SIL, SILJ) led the metal higher
- Americas Gold and Silver is a turnaround under new CEO Paul Huet
- McEwen Mining targets growth
- Taseko's New Prosperity project moves forward

00:00 Introduction and Welcome
00:23 Silver's Breakout: Analyzing the Surge
04:10 Impact on Silver Stocks
05:51 America's Gold and Silver: A Turnaround Story
12:14 McEwen Mining's New Chapter
17:59 First Nations Agreements and Mining Projects
25:00 Exciting Drill Hits and Market Reactions
27:46 Conclusion and Sign Off

Follow Paul Harris on X: @PaulHarrisGold (https://x.com/paulharrisgold)
Follow Kitco Mining on X: @KitcoMining (https://x.com/kitcomining)

#mining #silver #investing
__________________________________________________________________

Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.

Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com

Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining

Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold

For more in-depth mining coverage, visit us here - https://www.kitco.com/mining

Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.

Loading comments...