$100/oz Silver Really on the Table? What the Charts Actually Show | The Gold Spot

6 days ago
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Silver is entering one of its most dramatic periods in decades. After breaking above $50 for the first time in history, the metal has seen sharp swings driven by decades of concentrated short positions, a global surge in physical demand, and rapidly shrinking inventories at the London Metal Exchange.

With India, Russia, and China pulling massive amounts of silver from global hubs, leading short sellers have been forced to buy back futures contracts as borrowing costs spike, sending lease rates soaring.

The situation has escalated into a full-scale short squeeze, pushing silver toward a powerful breakout from a rare 50-year cup-and-handle formation that could target $100 per ounce silver spot price or higher as early as next year. The US government has now designated silver a critical mineral, underscoring mounting supply concerns.

Meanwhile, Bitcoin has plunged dramatically amid profit-taking, margin wipeouts, and tightening regulation, highlighting the stark contrast between crypto volatility and silver’s strengthening fundamentals.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin’s Precious Metals Advisors Todd Graf and Tim Murphy discuss silver’s designation as a critical mineral, what bullish chart pattern is forming, and why Bitcoin is falling out of favor among investors.

👉 READ MORE HERE: https://www.sbcgold.com/blog/100-ounce-silver-really-on-the-table/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11122025

⭐ RELATED ARTICLES AND VIDEOS:

🔗 SEE REAL-TIME SILVER PRICES: https://www.sbcgold.com/charts/silver-prices/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11122025

🔗 Silver to Join US Critical Minerals List: What It Could Mean for Prices, Supply, and Tariffs: https://www.sbcgold.com/blog/silver-to-join-united-states-critical-minerals-list/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11122025

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⭐ SBC Gold Precious Metals Advisors in this The Gold Spot video:

👤 Tim Murphy: https://www.sbcgold.com/about/tim-murphy/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11122025

👤 Todd Graf: https://www.sbcgold.com/about/todd-graf/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11122025

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