Our CEO Explains What’s Driving Silver Higher This Week

Silver pushed above $60 this week for the first time in history. I’ve been in this industry for a long time, and while I expected silver to strengthen, I didn’t think we’d be here this early. But here we are.

And what we’re seeing today isn’t random. In many ways, it feels like the market is finally catching up to years of strong fundamentals that have been in place for a long time.

This post breaks down what stands out, in plain terms, without predictions or hype, and how to think about moments like this.

Silver’s Move Isn’t Just Momentum. It’s Confirmation.

Sure, there’s always some bandwagon activity when metals make headlines. But that’s not the main story. What’s happening feels more like the market finally recognizing the underlying fundamentals.

One thing I’ve always watched closely throughout my career is the gold-to-silver ratio. When that ratio compresses, as it has recently, it often signals strength building under the surface. New highs don’t mean you “missed it.” They’re usually a sign that the long-term trend is intact.

In other words: This isn’t FOMO. This is confirmation.

Paper Market vs Physical Market: A Clear Disconnect

Something important is happening right now that most people don’t see unless they’re in this business every day.

The price you see on the screen, the spot price, is being pushed mostly by paper markets, not by physical buying. Meanwhile, in the physical market:

• There are more sellers than buyers right now
• Both buyback premiums and selling premiums are the lowest I’ve seen in my career
• The physical market price is temporarily cheaper than what the fundamentals would justify

We saw a similar disconnect during COVID, but in the opposite direction.

Back then, physical demand exploded, and premiums skyrocketed to reflect the true market price of real metal. Now, with more sellers than buyers, premiums have dropped, even as spot prices rise.

This won’t last forever.

When demand shifts back the other way, premiums will tell the real story again. This is one reason I believe physical ownership has an advantage over paper long term.

“Should I Buy at All-Time Highs?” Here’s How Pros Think About It

Most people freeze when the market hits a new high. But the most experienced investors, and the wholesalers I’ve worked with for years, don’t stop buying. They simply change how they buy.

A few principles I share often:

• Add gradually, not all at once. Dollar cost averaging works in every environment, especially this one.

• Focus on low-premium products when spot is high. If you can’t control the market price, you can control the premium.

• Strong markets don’t mean stop. They mean the trend is intact. Big money adds on strength, not weakness.

This isn’t about backing up the truck. It’s about keeping your foot in the door.

Why This Move Matters for the Long Term

Silver supply continues to lag behind demand year after year. Industrial consumption keeps rising in electronics, energy, and technology, while new production struggles to keep up.

Physical buyers come and go seasonally, but the structural story hasn’t changed.

In fact, the fundamentals have finally proven themselves accurate. It just took time for the price to reflect it.

If You’re Looking to Add Silver Right Now

This is one of the rare moments where spot is hitting new highs and physical premiums are unusually low. That combination doesn’t happen often.

We’ve pulled together a list of silver products that offer strong value right now, including low premium bars, secondary market options, and popular bullion pieces.