Silver Price Watch

[SKULL]

A very interesting Graphic in the Silver article :-



Article Link :- https://www.miningvisuals.com/post/...mand?cid=55b959e1-ac71-4f19-92b5-39a7b8ed9410

A very interesting aspect ( which I have mentioned previously ) is Military Demand ? It's impossible to ascertain if Military Demand is buried within " Industrial Demand " ( other industrial ) or if the Militaries Demand for Silver ( modern Armaments/Equipment/Ammunition ) is just totally " off the books "

 

[SKULL]

The Good News for Silver just keeps coming. With the USA placing Silver on the " Critical Minerals " list & likely Russia is buying Silver for part of it's Strategic Reserve, support for the price of Silver is Strong

‘Monumental’: Russia is likely buying silver for its reserves​

A new era if Russia is buying silver :-​

In its 2025–2027 Federal Budget, Russia allocated $535 million to buy precious metals, with silver explicitly included alongside gold, platinum, and palladium.​

This is the first time during the current precious metals bull market that any central bank has announced silver purchases for state reserves.
If Russia is buying silver, it could be helping drive the precious metal to a 14-year high, with the price surpassing $42/oz in September, up nearly 28% year-to-date. The move is not just financial; it highlights silver’s strategic importance in a world where supply deficits and industrial demand are increasing.

 

[Silver Soul]

Let's hope this correction fills the gap up? As I am expecting it to. I'm a bit disappointed that silver didn't get to my projected target on this chart, we can only try.

 

[pmbug]

Fed expected to announce 25bp rate cut today. Markets may overreact if they cut more or less than expected.

 

[Silver Soul]

Markets have already factored this in. Let's see?

 

[pmbug]

25bps cut as expected.

 

[alor]

View: https://www.youtube.com/watch?v=OVu2nucNZ3k

 

[SKULL]

A Very Interesting Article/Ratio/Chart on SILVER !

Silver Vs. US Equities: The Forgotten Ratio That Preceded a 500% Rally Is Back​

By Abolade Akinfenwa Published 09/17/2025, 02:40 AM



Article is worth a read as explanation for the Chart & Ratio used :-

Silver Vs. US Equities: The Forgotten Ratio That Preceded a 500% Rally Is Back | Investing.com

Market Analysis by covering: Silver Spot US Dollar, S&P 500, Silver Futures, S&P 500 TR. Read 's Market Analysis on Investing.com

www.investing.com

 

[alor]

I used to see this chart ratio each month, after the passing of Dines Letter, its been a few years and many months off that vision...

 

[STKR]

 

[SKULL]

View attachment 14839

That's a very nice looking chart.

Silver also had a good taste of $43.08 USD before closing at $42.83

I'm still thinking $50 + USD before the end of the years is realistic

 

[STKR]

That's a very nice looking chart.

Silver also had a good taste of $43.08 USD before closing at $42.83

I'm still thinking $50 + USD before the end of the years is realistic

We closed at 43.07 USD

 

[SKULL]

We closed at 43.07 USD

View attachment 14840

Where is that chart from ?

Metal Daily has Silver closing at $42.83 USD

 

[STKR]

Where is that chart from ?

Metal Daily has Silver closing at $42.83 USD

That's a live trading chart from metaTrader.

 

[SKULL]

That's a live trading chart from metaTrader.

Everywhere u look seems to quote a slightly different price

 

[STKR]

TradingView claims it closed at $43.09


View: https://www.tradingview.com/symbols/XAGUSD/

 

[STKR]

Everywhere u look seems to quote a slightly different price

Usually due to bid and ask spreads and how they average them out. Kitco is $43.01-$43.13

 

[SKULL]

I think the differences come from the " Exchange " quoted & the conversion rate used.

But I'm happy to go with $43 + USD

 

[SKULL]

For a " Reality Check " I go to the webpage of the dealer I sometimes used & look at the " Buy Back " prices they quote.

Spot is a nice price, but u will rarely get that if selling any quantity

 

[Sandy Gooch]

You will get spot here.