Silver moves from $25 to nearly $30 evoke past signals, Brent notes

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Silver moves from $25 to nearly $30 evoke past signals, Brent notes — Silver commentary compared to past moves

A comparison has been drawn between recent silver price movements and previous market behavior. Peter Spina, CEO of GoldSeek.com, referred to how Brent made fun of silver at $25 per ounce before buying put options as it neared $30, on its path to $120, suggesting a pattern that echoes a potential buy signal.

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Earlier this year, Peter Spina described silver as a strong buy at current levels, citing rising mining costs and an all-in sustaining cost range of $25–35 per ounce in previous commentary. In a separate note, Spina observed that the Dow gained nearly 4% after the closure of the Gold window, which he called an unexpected development for investors such as Ray Dalio in another report. These perspectives frame his latest observations on silver’s price trajectory.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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