Gold and Silver Pull Back — Smart Money Buys When Others Wait 
Silver could be on the verge of a breakout. In the latest episode of The Gold & Silver Show, Mike Maloney and Alan Hibbard explore a rare technical pattern flashing across multiple timeframes.
The setup? A multi-year “cup and handle” formation already breaking out on 6-month, quarterly, and annual charts. Mike believes this pattern could push silver beyond $150—possibly to $300, $400, or even $500+ per ounce.
That might sound far-fetched, but historical parallels suggest it’s not only possible — it’s happened before.
A Look Back: The 1970s Bull Market
Mike compares the current silver market to the bull run of the 1970s. During that decade, silver prices exploded over 700% in just over a year — with the biggest gains coming in the final 60 days. If history rhymes, we may be at the beginning of a similar parabolic phase.
Alan also highlights recent data showing silver’s highest 6-month and quarterly closing prices ever. This isn’t speculation; it’s happening now. Technically speaking, the cup and handle pattern is already complete, and silver has broken through key resistance levels. That means the setup is not just forming — it’s activating.
Inflation-Adjusted Reality: $200 Silver Might Be Conservative
The conversation then dives into inflation-adjusted valuations. Many analysts refer to the 1980 silver peak as equivalent to around $200 today. But Mike goes much deeper. Using broader measures of inflation (beyond the limited CPI), he compares silver’s purchasing power against real estate, the stock market, GDP, and more.
Based on those comparisons, silver would need to hit $468 just to match its 1980 peak purchasing power. Against other asset classes, the number goes even higher. If silver reclaims its historic relationship to real estate, GDP, and broad money supply, a price of $500 or more becomes entirely plausible.
Why the Move Could Be Fast and Furious
The video also touches on how vertical moves in silver tend to play out—fast and furious. In past bull markets, silver spent years consolidating, then rocketed upward in weeks. Mike warns that the biggest part of the move could happen in just 30 to 60 days. If you’re not positioned before it starts, you could miss the bulk of the upside.
The show wraps with commentary on why gold and silver remain unique among assets. Unlike base metals, they are monetary metals—a key distinction when fear enters the market. In times of crisis, silver often surges ahead of other commodities, reinforcing the bullish silver price prediction.
Now Is the Time to Pay Attention
If you hold silver, are considering buying, or simply want to understand where we might be headed, this is an episode you won’t want to miss. Mike Maloney offers both a technical and fundamental silver price prediction for why silver could be on the edge of its next historic rally.
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