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$100-$200 Silver Projected In The Short to Mid-Term.
Silver just closed its strongest quarter ever at $46.65, Michael Oliver (Momentum Structural Analysis) projects $100–200 ahead, and India’s imports are doubling even at record prices. Meanwhile, paper claims outweigh physical silver by 400:1, global debt has exploded to $338T vs $111T GDP, and money supply is surging 7.5% annualized. The entire system is cornered: fiat debt expansion on one side, finite metal scarcity on the other.
The Great Repricing: Silver’s Signal in a $140 Trillion Storm
An 11-year breakout vs 60/40, lease rates screaming scarcity, China’s $46T credit engine cracking, factories delaying silver delivery, and $11.5M volatility bets lighting the fuse. The world’s money supply is ballooning while trust in fiat is thinning — and capital is pivoting to hard collateral. Gold anchors, but silver — the industrial torque on monetary truth — is where the flood converges.
The 5 PM Cannon Shot Heard ‘Round the Market
At the weakest, thinnest stretch of Globex trading (4:59PM ET yesterday) — when we generally see large red candles — the script flipped. No stealth sell orders. No fade. Instead: a massive green candle ripping higher into illiquidity, right as we approach all-time highs. This isn’t normal price action — this is a pressure release valve beginning to seek equilibrium.
🚨 6% Margin Hike... $450-500 Silver Math... and JPM Floating $6,000 Gold
COMEX just hiked silver margins +6.67% into a rally holding $45 overnight. The gold/silver ratio sits at 83:1 while mining reality is closer to 10:1 — pointing to $450–$500/oz silver. Above-ground supply is so scarce, 58M millionaires couldn’t even claim 70 ounces each. Gold is already $4,400–$10,000/oz by money-supply math — and even JPMorgan now floats $6,000. The distortion is breaking. The reset isn’t theory anymore — it’s math.
220% Buffett Indicator. $37T Debt. $22T Money Supply. And Now SHFE Prepares Gold to Replace Treasuries as Collateral
Jobs revised down 900K. $18T household debt. 446 bankruptcies — the most in 15 years. With bonds buckling under impossible leverage and China testing gold for repo/high quality liquid assets status, the 54-year fiat base layer is unraveling. The question isn’t if gold reclaims its role as the ultimate collateral — it’s how explosively the transition ends up being.
Silver >$44 (14-yr high) as AI hits $30T, Shiller P/E 40+, and the Mag-7 swell to 35% of the S&P
Freight shipments have slumped to crisis-era lows while SLV borrow ~2.5% and COMEX price + volume + Open Interest all rise; JP Morgan is long gold/silver and short base metals. Translation: equities are hyper-concentrated and priced for perfection, but the metals tape is tightening—capital is starting to choose collateral over narrative.
Silver Scoreboard Analysis (COT Data Sep 10 → Sep 16; released Sep 19)
Price: $41.34 → $42.917 (+3.81%). As of Sep 22 (5:45am ET): $43.925 (+6.25% from Sep 10, +2.35% since Sep 16 close). Open interest (Futures): +6,251 to 162,954 (+3.99%). Open interest (Futures+Options): +13,169 to 203,293 (+6.93%). Translation: price up + open interest up = new positions were opened into the rally (not just shorts covering).
A Record $1.3T in Debt Added in 79 Days while Margin Debt Makes New Record Highs for the 3rd Consecutive Month & Gold Hits 30-Year High In Global Reserves
The fastest debt accumulation in U.S. history, three straight months of record borrowing to speculate in stocks, and gold now commanding 24% of global reserves—all signal the same endgame: the machinery of monetary control is breaking, and capital is fleeing toward assets that can’t default or dilute.
The Lower Rates Lever Is Broken
Back on July 31st, we flagged the terrifying possibility that the Fed’s most powerful tool — rate cuts — no longer works...From September to December 2024, the Fed cut 100bps, yet the 10-year yield rose and so did real borrowing costs in the economy. Now fast-forward. The Fed finally cut again... and within days, mortgage rates jumped 15bps to 6.37%. Exactly the same paradox we warned about.
3rd Straight Record High in Margin Debt, 3rd Straight Global Equity ‘Sell Signal’: The Leverage Bubble Meets the Liquidity Trap
U.S. margin debt has surged to $1.06T—its 3rd monthly record high in a row—while institutional cash levels at 3.9% have triggered a global equities sell signal for the 3rd straight month. History is unambiguous: this combination of record leverage and record-low cash precedes explosive drawdowns. The stage is set for forced liquidations—and for capital to seek refuge in the only assets without counterparty risk: gold and silver.