The End of Cheap Silver
The US is Raising the Floor on Silver Price
(www.zerohedge.com)
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Hi yo Silver, and away!
Contract deliveries (customers holding contracts, requesting physical) start 26FEB. Attempted price slam expected 27FEB to allow banks to buy up physical to fulfill their contracts to be settled 28FEB-02MAR at low price.
Price floor to be set by US gov't expected to be $200 to start, gradually rising to $400 (2026-7) to stimulate miner silver mining production and refining. $200 expected shortly after 01MAY2026 which is roughly 90 days+ from January 2026 critical minerals EO that called for "minimum price evaluation".
I still think they're going to smash before the settlement this week. Comex is going to have to settle in cash. Long term it's going to rocket. Keep in mind 2008 was caused by silver shorts. They still need the cash for settlement which could wipe banks, which is why they want it as low as possible to minimize the impact. Just like 2008, this would also cause the markets to crash because they need liquidity and be forced to sell assets. FWIW miners would be the way to play a price floor. They have volatility priced in and a floor would take that away.
AI answer even though the math is wrong- "The cost to mine one ounce of silver varies significantly based on region, mine type, and cost metric. As of 2025–2026, the global average All-In Sustaining Cost (AISC)—which includes mining, sustaining capital, administrative costs, and environmental compliance—is projected to be $22.00 per ounce (2026 projected), up from $26.86 in 2024."
eh .... so the projected 2026 price is 22-$, while the 2024 price was 26.86-$.... to mine one ounce of Silver.
It seems that the production costs have decreased instead of increased.
DDR mem increase in price vs silver price. DDR5 still is about the same price measured in Silver .... Funny.
New mining/processing techniques coming that will reduce costs. Frequency mining being tested small scale to extract specific elements. Elemental-pair processing being used to extract silver and gold from seawater. Technetium (Tc, 43) is silver's elemental pair and can be used like a magnet to pull silver out of bonds with other elements.
Ref. Elemental Pair table reconstructed/completed from 1926 incomplete work: https://greatawakening.win/p/19BtLArdrd/an-elemental-matter-part-01-soil/c/
Correct. Attempted smash inbound evening of 26FEB, morning of 27FEB. Put in physical buy order from apmex.com early morning 27FEB to potentially get a good price.
Awesome for the people already bought in.
Good article.
I was aware of the rigging that was happening through ETFs.
But I was stumped on how to fix that.
It appears that we might be making headway, and it is not a flash in the pan.