This year silver has been on the greatest bull run that we have ever seen. It is up an astounding 166 percent since January 1st, and so those that purchased it long ago and stuck with it are really loving life right now. When the price of silver reached the 50 dollar mark earlier this year, I thought that it would be some time before it hit the 60 dollar mark. But of course the truth is that it didn’t take long at all.
Once the price of silver reached 60 dollars, I thought that it might hit 70 dollars some time in early 2026. If you check the latest numbers, you will see that we have easily blown past that threshold, and the price of silver has already surpassed 80 dollars in Shanghai. I know that I have been using the word “crazy” a lot lately, but without a doubt what we are witnessing at this moment is truly “crazy”.
So why is this happening?
In a previous article, I discussed factors such as the AI boom, strong industrial demand, new technologies and a spike in demand for physical silver in Asia.
But let’s step back for a moment and take a look at the bigger picture.
To me, it is not a coincidence that the price of silver is exploding at the exact same time that we are reaching the terminal phase of the largest global debt super cycle in history…
Global debt has climbed to an all-time high of $337.7 trillion by the end of the second quarter of 2025, according to the latest Global Debt Monitor from the Institute of International Finance (IIF). The first half of 2025 alone saw an increase of over $21 trillion, largely driven by accommodative financial conditions, a softer US dollar, and continued government borrowing.
This jump is comparable to the COVID-era debt explosion in 2020, when governments and corporations worldwide dramatically ramped up spending to tackle the pandemic.
This is the first time in world history that all of the major powers are facing a nightmarish debt crisis simultaneously.
As this 337.7 trillion dollar debt bubble bursts, it is going to be so important to have your money somewhere safe.
So it makes all the sense in the world that there is so much demand for silver right now.
Long-term bond yields have been surging all over the globe, and this is even happening in nations that were once considered to be “safe havens” such as Japan and Germany…
Long-term yields are rising sharply across many countries, including in Germany and Japan, which in the past used to be safe havens. That puts huge pressure on fiscally distressed countries like Italy and France and incentivizes short-termism. If the EU wants to become a geopolitical player, it can’t allow high-debt countries to dictate foreign policy. This has to stop.
Meanwhile, fiat currencies are rapidly losing value, and that has particularly been true for the U.S. dollar…
The U.S. dollar was on the back foot on Wednesday and set for its biggest yearly fall since 2017, possibly with more to come, as investors wagered the Federal Reserve would have room to cut rates further next year even as most of its peers look finished with easing.
Tuesday’s solid U.S. GDP reading failed to move the dial on the rate outlook, leaving investors pricing in roughly two more Fed cuts in 2026.
This has been a horrible year for the U.S. dollar.
That is one of the reasons why the purchasing power of your money doesn’t stretch as far as it once did.
For the year, the U.S. dollar index is down about 10 percent…
More below
The Islamic Revolution Guards Corps (IRGC) warns the enemies that any act of aggression against the Islamic Republic will not go unanswered.
In a statement on Thursday, the IRGC issued a “stern warning” to the enemies after US forces launched strikes against the southern Iranian port city of Bandar Abbas.
Following the US military attack on a point on the outskirts of Bandar Abbas Airport with aerial projectiles, the IRGC carried out new strikes targeting the US air base from which the attack originated in the wee hours of Thursday, it added.
“This response is a serious warning to the enemy that they should know the act of aggression will not go unanswered,” the IRGC emphasized.
The elite military force warned of a “more decisive” response if the enemy repeated any act of aggression.
It also said the responsibility for the consequences of any IRGC response lies with the aggressor.
The statement comes after the IRGC Navy on Thursday forced an American tanker to turn back. The tanker ...
Volker Turk has warned that efforts to advance reparatory justice are facing resistance in “certain quarters,” and urged countries to back Africa’s push.
Reparatory justice for historical crimes, including colonialism, enslavement, and the trade in enslaved Africans, is crucial to dismantling systemic racism, UN High Commissioner for Human Rights Volker Turk has said.
Speaking at the UN Permanent Forum on People of African Descent on Tuesday, Turk linked present-day discrimination against people from the continent to the enduring legacy of colonialism and enslavement.
”Racism and dehumanizing rhetoric continue to permeate public institutions, communities, and online platforms,” he said, according to the UN Press Service. Turk noted that “digital technologies, including AI, are reproducing and amplifying existing biases against people of African descent.”
The remarks come weeks after the UN General Assembly adopted a resolution declaring the transatlantic slave trade “the gravest...
The US VP had to defend President Trump’s Gaza policy at a rally on a Georgia college campus.
US Vice President J.D. Vance was forced to defend Washington’s policy in Gaza after he was booed and heckled at a key MAGA event on Wednesday.
Co-founded by the late Charlie Kirk, Turning Point USA (TPUSA) is a conservative student group that has long been seen as a strong support base of President Donald Trump’s MAGA movement but is now showing apparent cracks.
Less than 15 minutes into a TPUSA event at the University of Georgia on Wednesday, Vance was interrupted by hecklers over US policy in Gaza, with one audience member shouting, “Jesus Christ does not support genocide!” As he attempted to respond, others shouted, “You’re killing children!” and “You’re bombing children!”
Vance replied by referring to Trump’s achievements as president, including securing a fragile ceasefire in Gaza, something he said the previous administration of Joe Biden failed to do.
“I ...
