Silver goes ballistic and shakes the financial system

[meadow_wind]

So... Should we pull out money hidden in socks under the bed and buy some Silver coins sold by official sources such as TD banks? 1oz is sold for more or less 109$ CAD at the moment.

23 days since I wrote this message, and the same 1oz bullion at TD bank is now sold for CAD 155$ (+45$)
I should have made an online order back then, but I procrastinated as usual... It's worrisome to make a move when one knows nothing about stock markets, investments, and such. What's the general consensus on this? Better buy at 155$ because it won't go any lower ever again?

 

[Laurentien2]

Could this be the reason why China is restricting silver sale. Is the USA forcing the south American producer to direct it toward the US.

Google Search

Based on recent reports from late 2025 and January 2026, the U.S. government is actively pressuring South American nations—particularly Chile, Argentina, and Peru—to secure critical mineral supply chains, including silver, to reduce dependence on China. While the reports emphasize strong diplomatic and economic pressure, they do not indicate a direct, unilateral "forced sale" of private companies, but rather strategic deals and, in the case of Venezuela, aggressive actions to seize assets.
Key Contextual Findings (Jan 2026):

• Strategic Pressure on Minerals: The Trump administration (as of early 2026) has been pressuring Latin American countries to act as reliable suppliers for U.S. domestic industries, bypassing Chinese, in a move to secure critical minerals.
• Targeted Actions in Venezuela: Reports from January 2026 indicate that the U.S. has taken aggressive,, direct action to control Venezuelan resources, including seizing oil tankers.
• Silver as a "Critical" Resource: In November 2025, the USGS added silver to the Critical Minerals list, leading to a 130% price gain and increased U.S. efforts to secure supply.
• Industry Takeovers: Major U.S.-linked players, such as Pan American Silver, have completed significant acquisitions (e.g., MAG Silver), increasing their control over key Latin American assets.
• Economic Conditions for Trade: The U.S. is leveraging economic support, such as a US$20 billion currency swap for Argentina, to secure access to critical minerals.

Recent Trade Data (Oct 2025):

• In October 2025, the U.S. continued to import significant amounts of silver from Mexico ($350M), Chile ($21.8M), and Peru ($6.07M).
• However, year-on-year, imports from Chile decreased by 34.1% in October 2025.

The current U.S. policy, particularly with the return of the Trump administration, appears to be focused on aggressive diplomatic, financial, and regulatory pressure to reorient regional mineral exports away from China and toward the United States, rather than traditional, brute-force confiscation of private, non-sanctioned, third-party mines.

My comment;
The shock doctrine style action, first economic pressure and treat and second Venezuela example in the background to ensure that the message is understood.

 

[axj]

What's the general consensus on this? Better buy at 155$ because it won't go any lower ever again?

The general trend for silver and gold seems to be up, but especially silver can experience bigger swings since it is a much smaller market. So it is possible that it will go down to a lower price again before continuing up. Or it may just continue going up without any significant pullback. I think that gold is a more stable and secure investment, while silver is somewhat more risky.

 

[axj]

Apparently JP Morgan has some problems because it had too many silver shorts and now it would need to have more silver than is available in the world. Though the overall cost of it is not that large, only about 3 months of profits of JP Morgan:

Tons of Silver​

JPMorgan Chase & Co. , the bank’s parent, is of particular concern because in mandatory disclosures, that few journalists examine but our Jim Henry did, the company revealed it is on the hook to deliver more than 5,900 tons of silver it doesn’t have. Tradeable silver is relatively scarce right now, government data shows.

The bank sold contracts for silver it didn’t own, expecting the price would fall. Then it planned to buy the contracts back for less, making a profit by selling high and buying low. This risky practice is known as “short selling.”

Buying stocks or other assets and holding them in the hope the price will rise is called “going long,” which is what most investors do because its less risky.

JP Morgan got caught in a squeeze because the spot price of silver has nearly tripled since Donald Trump took office, creating an exposure that I calculate at up to $13.7 billion, roughly equal to the profits JP Morgan earns every 90 days, though likely just a costly fraction of that.

Silver Squeeze​

A big problem is that there’s not enough actual silver available for trading to get JP Morgan out of the squeeze it got into through unbridled greed. The more silver prices rise the more JP Morgan gets hurt.

Big Banks Enjoy Stealth Bailouts - A DCReport Exclusive

The NYFed has quietly injected tens of billions into major banks—now with no limit. Unreported policy changes raise fears of another Wall Street bailout.

www.dcreport.org

 

[iamthatis]

23 days since I wrote this message, and the same 1oz bullion at TD bank is now sold for CAD 155$ (+45$)
I should have made an online order back then, but I procrastinated as usual... It's worrisome to make a move when one knows nothing about stock markets, investments, and such. What's the general consensus on this? Better buy at 155$ because it won't go any lower ever again?

I'm not qualified to give financial advice, but I think the general idea is to educate yourself about markets in general, and also to learn about whatever asset you're thinking of investing in in particular. Jumping in on the hype without knowing what you're doing is a good way to lose money. Knowledge Protects.

Alex Krainer wrote two good books on investing, Mastering Uncertainty and Trend Following Bible. They're written in an accessible style without a lot of jargon and I liked them for getting into the basics. Another option I like for topics I have no clue about is the For Dummies book series. They give the basics that can provide a starting point for knowledge acquisition, instead of jumping into the deep end, which can be super confusing.

 

[stac30i]

Here is a video of a youtuber that I have been following for a long time and that I find to be very helpful in learning how to go about buying and selling silver.

 

[Mike]

What's the general consensus on this? Better buy at 155$ because it won't go any lower ever again?

I don't think there is a general consensus, right now.

Here are some thoughts.

Silver (and gold) have had big runs over the last year or so. If you look at the 1 year and 5 year chart for each (a decent place to track the price/see the chart is here - Silver - Price - Chart - Historical Data - News), you see a 'rhino horn' formation where price is looking like it is going parabolic. In general, that is not the time to buy something after it has run up in price like that. In most cases it indicates that there will be a violent correction down in price at some point and a pattern like that usually indicates a time to sell something like at least 1/3 of what a person holds (ie take profit). That doesn't mean that price is done going up, but that it has just extended too much, too fast to be sustainable and usually corrects to start to build a base at a lower in price in which to start rising again. If you look at what technical analysis people (just looking at the charts for patterns and indicators, etc) are saying, they are saying that silver is at a strong sell price technically and likely doesn't have much more upside before it corrects.

Now, an exception to this talk about what a lot of technical only analysis people are saying is the massive and very long term 'cup and handle' pattern silver had formed and where the price broke out from. See this post of mine - Silver goes ballistic and shakes the financial system - where I mention it and also possibly a bigger, longer pattern for silver. Some say due to the 'power' and long term nature of the pattern that silver has more upside.

Now, beside technical analysis people talk about the fundamentals of something or fundamental analysis. Many of the post here in this thread and links shared talk about this for silver, such as my post (link provided above). Despite what the technical analysis (the charts and indicators) might be saying about something like silver, the fundamentals say it could go higher, even much higher before there is any kind of meaningful, bigger correction. And then, that might be just temporary before it goes even higher on the longer term time frame.

I personally think the fundamentals will continue to drive the silver price higher for at least a time, but it isn't often something just goes up parabolic (rhino horn) on the charts on and on and on... Maybe just buy one or two coins from somewhere and then see what happens. That way you might have some buy-in in terms of learning more about the topic without committing a lot of money.