Silver is almost at the previous all time high in USD terms as of this writing. Hitting 50$ and 1,50,000 INR is going to be a huge milestone. This will indicate that we have broken previous 50 years worth of resistances and next will be price discovery.
According to Dr. Jim Willie, silver follows Fibonacci sequence multiplied by 10. If we look at it that way, 20, 30, 50, and now 80$ will be the next target. Expecting a few weeks of moving around in 50 range after which Silver should melt up to 80 very quickly.
The reason for melt up is that there is no silver stock available in the retail market in many countries. Online stores show Out of stock. Australia, Canada, UK all are almost sold out and the premiums are going very high. Sellers are also offering 55$ to anyone who sells their existing stack.
Gold crossing 4000$ shows people that there is potential in the precious metals market. But since gold has become too expensive too fast, people are looking to buy silver. Now that silver is getting out of stock everywhere, the price should shoot up and silver would become unaffordium and then unobtainium. Then the next stage would be a move back in the gold market.
Stock markets are expected to do poorly in Q4 of 2025 and I am expecting a crash of the markets in April 2026.
Bitcoin seems to be holding its own making an ATH this week and hovering around not falling down even after weakness in the markets.