The silver price is getting exciting
Years after deciding not to study the price of silver, independent analyst Alistair Strang has another look at the metal's price action.
15th July 2025 07:47
by Alistair Strang from Trends and Targets
Our historical refusal to comment on silver relates to a price movement in 2011. We’d provided a report of movement potentials, one which was proving incredibly correct as the price surged from the $20 level to over $40. On the Friday when it achieved our highs, something quite awful happened just after 2pm. At the time, we speculated the grown-ups from the silver price manipulation office had gone out for lunch, leaving a poorly paid intern in control of the market.
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When everyone returned from the pub, immediate horror clearly broke out, the price of silver immediately being returned to the $30 level. There was no breaking news driving the reversal, no similar movement in the price of gold, just an emphatic feeling we’d been monitoring a commodity which was under manual control, now being manipulated with similar ease to someone sliding down the volume controls on a mixing deck.
After our strop, we at Trends and Targets decided to cease covering silver.
And now, we come to the “however”…
The chart below shows silver as being restrained below the $20 level for the period 2015 until 2020. But from 2020 until 2025, the product was permitted to trade in the $20-30 level. And now we are curious whether the product is entering another five-year phase, this time from the $30-40 level. Events in the next few weeks should prove interesting but our software is now showing stronger potentials.
Above $38.5 calculates with the potential of a lift to an initial $42 with our secondary, if bettered, at a longer-term $47. Obviously, the words “longer term” can be subjective when applied to silver! But we suspect should the $47 level make an appearance, we shall not be surprised if the metal discovers a reason to melt down toward the $30 level, perhaps spending the next five years bouncing around between $30 and $40.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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