Ted Butler

6 days ago | silverseek.com | Mike Maharrey |Ted Butler

Join the Free Weekly Silver Review!SilverSeek.com week in review delivered direct to your inbox! Please verify your request*  Submit

6 days ago | silverseek.com | Ted Butler |Mike Maharrey

The official numbers are in, and industrial demand for silver set a fourth consecutive record in 2024. Despite record industrial offtake, total silver demand declined by 3 percent to 1.16 billion ounces last year, primarily due to weak investment demand, according to the World Silver Survey 2025 published by the Silver Institute.   Even with the slight decline, demand outstripped the silver supply for the fourth consecutive year. The structural market deficit came in at 148.9 million ounces.

2 weeks ago | silverseek.com | Ted Butler |Richard Mills

The gold-silver ratio is trading near its all-time high of 125 reached on Jan 1, 2020. As of this writing, it now takes 102 ounces of silver to equal the value of one ounce of gold. The historical average is around 60. To find the ratio, simply divide the price of gold, currently at $3,020 an ounce, by the current silver price of $29.33. Historically, when the ratio is this high, silver tends to outperform gold in the following months.

3 weeks ago | silverseek.com | Ted Butler |Jesse Colombo

Yesterday was an exciting day for silver, which surged 2.52% to a 13-year high, finally breaking above the key $34–$35 resistance zone I’ve been watching for months. This is a level I’ve called "the line in the sand" to confirm a true breakout and the beginning of the next phase in the bull market.

4 weeks ago | silverseek.com | Jesse Colombo |Ted Butler

Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle. Of course, I’ve been bullish on copper for several months. My view was that copper would emerge from its late 2024 slump and begin a long-term bull market. At the time of my initial call, copper was struggling to hold the $4.00 per pound level.