Tripledigit silver is no longer a fringe idea. It's on the table. The real question now isn't if it can happen, but when. That's what we're going to explore in this video. Not long ago, the idea of $100 silver sounded unrealistic. Yet, it has already happened in Australia and nearly happened in Canada. In fact, if you try to buy a Canadian maple leaf today, you're likely paying close to $100 in Canadian currency. In Australia, silver has already crossed that level. Why does this matter?


Because it highlights currency weakness. It shows how different fiat currencies are losing value relative to hard assets. This isn't just about silver rising. It's about fiat money losing purchasing power. The face of fiat is being steadily eroded while sound money continues to assert itself. This isn't happening solely because of dollar inflation. There are multiple forces at work. Gold has just reached a new all-time high and silver is following with increasing momentum. In fact, silver has been one of the


strongest performers recently. As I record this, the gold to silver ratio measured in US dollars sits around 65.5. The markets have been extremely volatile, mostly moving higher, though not without pullbacks. And whenever we see a couple of down days, many people immediately assume the bull run is over. But time and again, the market has surprised nearly everyone. So when does tripledigit silver arrive in US dollar terms? To answer that, we need to look at what's working in silver's favor and


what's working against the current system. First, we're now in the fifth consecutive year of a global silver supply deficit with a sixth year looking increasingly likely. Most analysts do not believe mining output can catch up anytime soon. There's promising exploration news coming out of places like Poland, which is emerging as a country to watch for silver reserves. But discovering reserves is one thing. Bringing new production online is another. You can't simply create a primary silver miner overnight. That


process takes years. Primary silver mining has actually declined over the past decade or more. Today, most silver is produced as a byproduct of other metals. Copper, for example, looks strong, and increased copper mining could help silver supply on the margins. Still, it won't be enough to close the gap. Silver is now classified as a critical mineral in the United States. That designation alone suggests higher long-term demand and pressure to expand domestic production, not only for internal use, but potentially for


exports as well. Physical silver is still available. Dealers continue to buy and sell it. But availability doesn't mean abundance. It simply means the system hasn't broken yet. There's another factor worth addressing, and it's one I take [clears throat] seriously. Market veteran Eric Jung, known as King Kong 988, has warned about the risk of a sudden violent correction, what he calls a nuclear slam. That concern is always in the back of my mind as well. Anyone who lived through 2011


remembers how quickly sentiment can change. Back then, silver pulled back sharply just when many thought it was only getting started. This time may look different, but corrections are inevitable. The key question is how deep they are and what happens afterward. Eric Jung believes silver may need to move well beyond $60 just to reiquequify the global silver free float. No one knows for sure. The market moves one step at a time. What we're seeing now is a revolving cycle of selling pullbacks and aggressive buying.


especially in paper markets driven by speculation and fundamentals alike. Much of silver's demand today is more recessionresistant than ever. Industrial use continues to expand regardless of economic cycles. While predictions for next year's economy vary, many expect improvement, particularly as new legislation takes effect in early 2026. At the same time, the Federal Reserve has quietly returned to quantitative easing and large repurchase agreements, injecting billions in liquidity. We've


seen this movie before. Similar actions preceded the runup that culminated in 2011. When silver crosses roughly $74 per ounce, it will have reached a new all-time high when adjusted for inflation. In a recent poll I conducted, more than 3/4 of participants believe silver could hit $70 by year end. At the pace we've been seeing, that's not out of the question. Though markets can change quickly, I remain bullish, but cautiously so. I'm already thinking beyond this bull run and asking what


comes next when markets normalize. The ride is exciting, but it won't last forever. Still, before it's over, tripledigit silver is absolutely possible, especially given what we've already seen in Australia and Canada. If silver rises further in US dollar terms, $100 silver in others becomes unavoidable. Another intriguing development involves David Baitman. He recently purchased 300 monster boxes of silver eagles, a total of 150,000 ounces of physical silver. That metal is now off the market.


Eagles, as many of you know, are the most liquid silver product in the world, particularly in the US and Canada. What's remarkable is that silver eagles are not currently being minted for immediate release. New supply won't arrive until next year. Large purchases like this tighten an already constrained market. While one buyer alone doesn't control the market, repeated largecale physical acquisitions do matter, especially when others with means follow similar strategies. Combined with existing supply stress,


the impact compounds. [snorts] Gold, meanwhile, continues to grind higher rather than explode. Silver, by contrast, is gaining momentum. The gold to silver ratio continues to compress. We're also seeing silver flirt with backwardation, a sign of supply strain that continues to surprise even seasoned observers. All of these factors suggest we're operating in uncharted territory. Am I predicting $100 silver? No. But I am saying it's far more plausible now than at any point in recent history. The fact that we're


even having this conversation speaks volumes about where the market is headed. Let me know your thoughts in the comments below. I hope you found this video informative and insightful. And please don't forget to like, share, comment, and subscribe.