What's Driving Silver's Revaluation? A Look at Supply, Demand, and Technical Patterns
Silver has nearly doubled in 2025, breaking through its 1980 nominal high of $50 and continuing to push higher. But according to SD Bullion market analyst James Anderson, this is just the beginning of a major revaluation.
In this comprehensive market analysis, we explore the fundamental drivers behind silver's breakout: massive market deficits exceeding 500 million ounces annually, record ETF inflows, and surging global demand from India and industrial users. Technical charts reveal a textbook cup-and-handle formation, while the gold/silver ratio signals significant room for silver to outperform.
With expert forecasts pointing to $100+ silver in 2026 and long-term projections reaching even higher, we examine why this bull market has stronger fundamentals than previous cycles.
In this discussion, SD Bullion market analyst, James Anderson, and COO, Cole Keller, break down:
Current Market Dynamics
- Silver's breakout past the 1980 nominal high and subsequent strength
- The critical cup-and-handle formation signaling further upside
- Why this bull market differs from previous cycles
Fundamental Drivers
- Massive market deficits ranging from 500+ million to over 1 billion ounces
- Record ETF inflows of 114 million ounces this year
- Industrial demand pressures meeting investment demand
- Global buying from India and other major markets
Technical Analysis
- Gold/silver ratio trends and what they signal
- Silver vs. S&P 500 breakout patterns
- The convergence pattern that has historically preceded major moves
- Long-term charts showing silver's position relative to stocks and other assets
Price Projections
- Why triple-digit silver is increasingly likely
- Expert forecasts from BNP Paribas and other institutions
- The case for $150+ silver when adjusted for real inflation
- Long-term revaluation potential in the coming decade
Whether you're a seasoned precious metals investor or just starting to explore silver, this conversation provides essential context for understanding where we are in this historic bull market and what's driving silver's revaluation against all major asset classes.
⚠️ This content is for educational and informational purposes only. Always do your own research and consult with a financial advisor before making investment decisions.
