Eric Sepanek
SBC Founder
Eric Sepanek is the founder of Scottsdale Bullion & Coin, established in 2011. With extensive experience in the precious metals industry, he is dedicated to educating Americans on the wealth preservation power of gold and silver.
The precious metals news cycle is dominated by gold surging to all-time highs, but some analysts predict the next breakout rally will happen in the silver market. Peter Spina, founder of GoldSeek and SilverSeek, thinks the shiny metal is setting up for a “serious and powerful” run that could carry prices over $50, with a bullish short-squeeze scenario potentially spiking it to $100.
Neck-and-Neck With Gold
While many experts are focused on silver’s future, its recent performance is already impressive. The shiny metal has closely tracked gold’s rise since the start of the year. So far, silver price is up roughly 18%, just behind gold’s 19% gain.
Silver often follows gold’s lead, which means bullish forecasts for gold typically bode well for silver, too. In fact, silver’s smaller, more volatile market often translates to more dramatic gains when momentum kicks in.
When silver goes, it really, really goes. This is set up for a moonshot.–
High Demand + Low Supply = Upward Pressure
The silver market is likely entering its fifth consecutive supply deficit as demand is on track to outpace available resources. Although the silver supply is projected to reach an 11-year record of 1.05 billion ounces, consumption is forecasted to hit 1.2 billion ounces.
Industrial demand has remained a considerable chunk of total purchases, but retail investors are ramping up their activity with silver exchange-traded funds (ETFs) seeing a boost. The green energy sector, especially solar panels, is comprising an increasingly large portion of silver buying, placing further pressure on the stagnant supply.
Tariffs Could Trigger a Squeeze
The Trump-led trade war may catapult prices far beyond rational technical forecasts. If the administration’s far-reaching tariffs, as some investors fear, extend to silver, physical supply in the US would be seriously restricted. Investment and industrial demand would quickly dry up available inventory, leading to a “significant jump in the…price.”
The mere threat of a silver-focused tariff is enough to positively impact prices. As Spina explains, “There is a real rush to get access to untaxed physical silver into the U.S. That places real pressures on existing supplies.”
He also mentioned the potential of panicking short sellers triggering a silver squeeze, which might cause an exponential rise in prices.
Silver to $100?!
Fueled by gold’s strong momentum, a long-running supply-demand imbalance, and an appealing price point, silver is poised for a significant move from its current levels. Spina sees the shiny metal reaching “well over $40 an ounce in the coming months.”
In the event of a “real rush for supplies,” prices could accelerate “to and past $50 an ounce.”
These price points align with the average 2025 silver forecast from experts across industries. However, Spina’s bullish outlook departs from the status quo if a “frenzy of buyers spikes the price into a much more dramatic rise.”
This “real physical-price squeeze” would likely send prices soaring to $75 or even $100, according to the precious metals specialist.
A “No-Brainer” Buy
There’s no denying gold is on a hot streak with some experts anticipating the yellow metal to stretch to $4,000. Yet, the higher price point and maturation of the rally have some investors looking for alternatives. For many, silver represents a more cost-effective way to enter the exploding precious metals space.
Right now, the fact that silver has remained out of the spotlight suggests how far the metal could potentially rise.
If you want something that’s low risk, high reward. It’s a no-brainer. All you have to do is buy it and be patient.”–