Silver’s $100 Breakout Wasn’t Resistance. It Was a Speed Bump

Silver just did the unthinkable: it blew through $100 and closed around $102.50—an all-time record high. Gold is right behind it near $4,980, and Peter Schiff expects the $5,000 level to break soon (possibly Sunday night when global markets open). This isn’t “good news.” Gold and silver are warning signals. The dollar is breaking down, commodities are turning up, and the move into precious metals and mining stocks is still early. Investors are only starting to reallocate—while Bitcoin continues to lag and lose ground versus real money. If you’ve been waiting for a pullback, be careful: in momentum breakouts, pullbacks can be smaller, shorter, and harder to catch than people expect.

Watch on Youtube

The Friday Gold Wrap on Apple Podcasts

The Friday Gold Wrap on Spotify

The above references an opinion and is for information purposes only. It is not intended to be investment advice.