Today one of the greats in the business stated the price of silver is setting up to smash through the $121 all-time high.
May 4 (King World News) – Jesse Colombo: Today I want to share something inspiring and exciting that flies in the face of the pessimism that permeates the precious metals world right now. While many retail investors as well as prominent commentators are, like lemmings, saying in unison that silver’s surge in late 2025 and early 2026 was merely a bubble that has now burst, I have been adamant that there is no bubble and that it didn’t burst, and that silver is just a couple of years into a long-term bull market that should last at least a full decade.
With that in mind, I now want to draw your attention to silver’s weekly chart below, which shows that the correction that began in late January has been forming a triangle pattern, and when such patterns develop in bull markets, they are typically continuation patterns that lead to sharp upward moves once the correction and consolidation phase is complete.
For this bullish scenario to be validated, a decisive breakout from the pattern must occur, accompanied by heavy volume for additional confirmation (read my tutorial to learn more). Assuming that happens, silver’s bull market should resume, making fools of the naysayers, smashing through the $121 peak from January, and advancing to fresh all-time highs.
JUST RELEASED!
To listen to Alasdair Macleod discuss the historic collapse in Open Interest in silver and gold CLICK HERE OR ON THE IMAGE BELOW.
ALSO RELEASED!
Silver Open Interest Just Collapsed To Lowest Level In 15 Years! CLICK HERE.
This Just Happened And It Is Massively Bullish For Gold! CLICK HERE.
Colombo Says Odds Now Favor Upside For Gold & Silver CLICK HERE.
This Chart Shows Gold Price Headed To $25,300 CLICK HERE.
Fed Decision, Plus This Could Be Hugely Bullish Catalyst For Gold & Silver CLICK HERE.
Most Catastrophic Energy Crisis In History Just Sent Oil Above $105 As Brent Hits $110 CLICK HERE.
Gold Will Have To Skyrocket To $46,000 To Equal 1970s Bull Run CLICK HERE.
Michael Oliver – The Next Explosion Higher In The Gold Sector Will Be Triggered By This CLICK HERE.
Silver Price May Hit $258 As Comex Silver Inventories Collapse CLICK HERE.
Nomi Prins Just Predicted Gold Price Will Hit $7,000-$9,000 CLICK HERE.
Comex Gold & Silver Inventories Are Collapsing! CLICK HERE.
Another Gold Bull Market Catalyst, Plus A Look At The Big Shift CLICK HERE.
Michael Oliver’s Chart Backs Up His $300-$500 Price Prediction CLICK HERE.
If We See A Repeat Of 1940 Gold Will Skyrocket To $72,250 CLICK HERE.
GOLD & SILVER BULL CATALYST: Iran War Sends Global Debt Ballooning Even Faster CLICK HERE.
We’re Going To See Another Major Upside Eruption Higher In The Price Of Gold CLICK HERE.
© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
