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Silver price prediction 2026: $44 bear, $150 bull case
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Silver price prediction 2026: $44 bear, $150 bull case
The popular silver thesis says a record sixth-straight supply deficit makes higher prices a near-certainty. That is the wrong way to read this market. Silver is not a one-way deficit trade — it is the highest-beta macro instrument in the precious-metals complex, and the same structural shortfall that powers the bull case is exactly what makes the bear case so violent. After silver ran to an all-time high earlier in 2026 and then shed roughly 44%…
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