Silver to $39.50: Up 9.4% Past 30 Days
According to Société Générale’s FX analysts, gold’s recent rally has stalled below the key $3,500 mark, with a lower high forming at $3,435. Technical indicators show weakening momentum, with the daily MACD pulling back from multi-month highs and dipping below its trigger line. This suggests a temporary consolidation phase in gold’s uptrend. For the rally to resume, gold would need to break above $3,435, while near-term support levels are identified at $3,200 and $3,140.
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Silver Breaks 2,500-Year Records: Mike Maloney’s Triple-Digit Forecast
Silver just achieved something extraordinary. On August 29th, it reached $39.97 — within three cents of $40 — marking its highest level in nearly 14 years. But Mike Maloney’s latest analysis reveals something far more significant: silver has quietly set its highest monthly and quarterly closing records in 2,500 years. “Huge, huge news,” declares Mike, who’s been investing in silver for 22 years. “This isn’t just another rally.” The Historic Breakout Everyone Missed While headlines focused on the near-$40 price, Mike’s charts tell a bigger story. Silver has broken above every quarterly and monthly close from the 2011 peak. More
August 30, 2025
