Silver’s 40-Year Breakout

September 2, 2025 • 1 minute, 52 second read

Gold has topped $3,500… and silver is finally moving along for the ride.

The metal topped $40 on Friday, its highest close since 2011.

That’s 14 years of sideways trading.

Even though silver has strong industrial demand on top of a historical use case as money. And on August 28, silver was listed among the Trump administration’s classification as a “critical metal” for the US economy.

We’re writing about silver today for a different reason.

One key technical chart suggests that the breakout is the start of what could be a multi-year rally, because it’s a chart 40 years in the making:

Turn Your Images On

Silver isn’t just at an 11-year high, it’s showing a technical pattern that suggests a further break higher
(Source: Kinesis)

We generally use technical indicators to determine short-term momentum in specific stocks are sectors. Today’s silver breakout reveals a longer term trend.

Silver first reached a peak of $50 per ounce in 1980. Then, it languished and hit $48 in 2011 during the last peak.

After adjusting for inflation, silver still needs to soar closer to $200 per ounce to make all-time highs.

With a cup-and-handle breakout now in the cards, it’s possible that in the next few years, the metal could do just that. In the shorter term? It could jump to $50 per ounce.

~ Addison

P.S. Grey Swan Live! returns at a special new time on Thursday at 2:00 P.M. ET. We’ve gotten feedback suggesting it would be more polite to host GSLive! at 2pm Eastern Time, 11am on the West Coast. More civilized for our members in California. Cheers.

We’ll be joined by Ian King, looking at the latest moves in the cryptocurrency market – including the rise of Ethereum as the rally in bitcoin takes a pause.

Ian’s recent predictions include a new event that could trigger a new crypto boom, sending the market cap of the space to $8.5 trillion by 2030 – as well as the latest on President Trump’s plans for a Strategic Bitcoin Reserve.

All that and Ian will cover some of the top token opportunities in the cryptocurrency space as this asset class continues to push higher.

If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.

Ripple Effect

Silver’s 40-Year Breakout

Addison Wiggin

September 2, 2025 • 1 minute, 52 second read

Commodities cup and handle gold Silver

Gold has topped $3,500… and silver is finally moving along for the ride.

The metal topped $40 on Friday, its highest close since 2011.

That’s 14 years of sideways trading.

We’re writing about silver today for a different reason.

One key technical chart suggests that the breakout is the start of what could be a multi-year rally, because it’s a chart 40 years in the making:

Turn Your Images On

Silver isn’t just at an 11-year high, it’s showing a technical pattern that suggests a further break higher
(Source: Kinesis)

We generally use technical indicators to determine short-term momentum in specific stocks are sectors. Today’s silver breakout reveals a longer term trend.

Silver first reached a peak of $50 per ounce in 1980. Then, it languished and hit $48 in 2011 during the last peak.

After adjusting for inflation, silver still needs to soar closer to $200 per ounce to make all-time highs.

With a cup-and-handle breakout now in the cards, it’s possible that in the next few years, the metal could do just that. In the shorter term? It could jump to $50 per ounce.

~ Addison

We’ll be joined by Ian King, looking at the latest moves in the cryptocurrency market – including the rise of Ethereum as the rally in bitcoin takes a pause.

All that and Ian will cover some of the top token opportunities in the cryptocurrency space as this asset class continues to push higher.

If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.

2025: The Lens We Used — Fire, Transition, and What’s Next… The Boom!

December 22, 2025 • Addison Wiggin

Back in April, when we published what we called the Trump Great Reset Strategy, we described the grand realignment we believed President Trump and his acolytes were embarking on in three phases.

At the time, it read like a conceptual map. As the months passed, it began to feel like a set of operating instructions written in advance of turbulence.

As you can expect, any grandiose plan would get all kinds of blowback… but this year exhibited all manner of Trump Derangement Syndrome on top of the difficulty of steering a sclerotic empire clear of the rocky shores.

The “phases” were never about optimism or pessimism. They were about sequencing — how stress surfaces, how systems adapt, and what must hold before confidence can regenerate. And in the end, what do we do with our money?!

2025: The Lens We Used — Fire, Transition, and What’s Next… The Boom!

Dan Amoss: Squanderville Is Running Out Of Quick Fixes

December 19, 2025 • Addison Wiggin

Relative to GDP, the net international investment claim on the U.S. economy was 20% in 2003. It had swollen to 65% by 2023. Practically every type of American company, bond, or real estate asset now has some degree of foreign ownership.

But it’s even worse than that. As the federal deficit has pumped up the GDP figures, and made a larger share of the economy dependent on government spending, the quality and sustainability of GDP have deteriorated. So, foreigners, to the extent they are paying attention, are accumulating claims on an economy that has been eroded by inefficient, government-directed spending and “investments.” Why should foreign creditors maintain confidence in the integrity of these paper claims? Only to the extent that their economies are even worse off. And in the case of China, that’s probably true.

Dan Amoss: Squanderville Is Running Out Of Quick Fixes

Debt Is the Message, 2026

December 19, 2025 • Addison Wiggin

As global government interest expense climbed, gold quietly followed it higher. The IIF estimates that interest costs on government debt now run at nearly $4.9 trillion annually. Over the same span, gold prices have tracked that burden almost one-for-one.

Silver has recently gone along for the ride, with even more enthusiasm.

Since early 2023, Japan’s 10-year government bond yield has risen roughly 150 basis points, touching levels not seen since the 1990s.

Over that same period, gold prices have surged about 135%, while silver is up roughly 175%. Zoom out two years, and the divergence becomes starker still: gold up 114%, silver up 178%, while the S&P 500 gained 44%.

Mind Your Allocation In 2026

December 19, 2025 • Addison Wiggin

According to the American Association of Individual Investors, the average retail investor has about a 70% allocation to stocks. That’s well over the traditional 60/40 split between stocks and bonds. Even a 60/40 allocation ignores real estate, gold, collectibles, and private assets.

A pullback in the 10% range – which is likely in any given year – will prompt investors to scream as if it’s the end of the world.

Our “panic now, avoid the rush” strategy is simple.

Take tech profits off the table, raise some cash, and focus on industry-leading companies that pay dividends. Roll those dividends up and use compounding to your overall portfolio’s advantage.

2025: The Lens We Used — Fire, Transition, and What’s Next… The Boom!

December 22, 2025 • Addison Wiggin

Back in April, when we published what we called the Trump Great Reset Strategy, we described the grand realignment we believed President Trump and his acolytes were embarking on in three phases.

At the time, it read like a conceptual map. As the months passed, it began to feel like a set of operating instructions written in advance of turbulence.

Dan Amoss: Squanderville Is Running Out Of Quick Fixes

December 19, 2025 • Addison Wiggin

Debt Is the Message, 2026

December 19, 2025 • Addison Wiggin

Silver has recently gone along for the ride, with even more enthusiasm.

Since early 2023, Japan’s 10-year government bond yield has risen roughly 150 basis points, touching levels not seen since the 1990s.

Mind Your Allocation In 2026

December 19, 2025 • Addison Wiggin

A pullback in the 10% range – which is likely in any given year – will prompt investors to scream as if it’s the end of the world.

Our “panic now, avoid the rush” strategy is simple.

Take tech profits off the table, raise some cash, and focus on industry-leading companies that pay dividends. Roll those dividends up and use compounding to your overall portfolio’s advantage.