$400 silver? Metal Shortage for Everyone – Analysis and Forecast – January 15, 2026

This week I’m releasing my most outrageous prediction for 2026. Take it with humor and a healthy dose of skepticism. Don’t take this as gospel. These predictions may be absurd… but that’s the essence of the genre. The probability of it coming true is close to zero, but not zero.

If you read my last post about gold reaching $12,000 Ounce for ounce, I’ve been thinking a lot about what happens when money doesn’t behave like money. But there’s a twist here. Gold isn’t the only metal going berserk.

Silver is currently trading at . $91.20 per ounce.
Yes, it’s $91. Not per kilogram. per ounce. The same small ounces weighing less than 30 grams.

And unlike gold, which is mostly hoarded or speculated, Silver is being swallowed up by real demand.. Every major industry trend of the past decade has been based on silver, including solar panels, EVs, AI data centers, and defense technology. The US Geological Survey has confirmed that global silver reserves are depleting faster than any other important mineral. We are not just facing a supply shortage, we are already facing that crisis.

Imagine this. A single solar power plant now uses more silver than the entire country consumed in the 1990s. Meanwhile, mining volume failed to keep pace. Recycling cannot fill the gap. Then, like gold, trust evaporates. The currency shakes. Supply chain disruption. Suddenly everyone realizes: Can’t print silver.

Here are my shocking predictions for 2026:

Silver could surge past $400 an ounce.

It’s not $40. 400.
why? Because when physical shortages meet financial panics, silver acts not like a commodity but like a lifeline. It is an industrial necessity and a monetary artifact. In a world where chips are more valuable than cash and energy grids rely on photovoltaic cells, silver is irreplaceable.

Is this realistic? Probably not.
But remember: Just a few months ago, gold at $4,300 sounded crazy.

I love looking beyond the headlines and hype and digging into how the markets actually work. If you believe there are real people behind the numbers and real crises behind the charts, you’ve come to the right place.